Investors & landlords

Thanks @Anonymous_ 

 

I was unaware of that cap. As disappointing as it is, I'd still like to take advantage of what I can.

 

I recall the question as to whether I took an active role being asked, and I did select "yes." Perhaps this exception does not apply to special depreciation, and special depreciation cannot be deducted from regular income at all, thus I need to use straight line depreciation? I guess I'm trying to figure out how to apply the special participation allowance for this property, as even that doesn't seem to be registering. It simply shows up as net $0, rather than the negative value that would be expected after all deductions and depreciation.