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"Amount of Depreciation Taken in Prior Years" on an foreign rental property?

Hi, I'm filling out my first full US tax return.

I have a rental property which has been making income since 2012 in the UK. 2016 is the first year I will have to pay US taxes on this income having moved here at the end of 2015.

As i have never filed US taxes for the rental income and depreciation what do i put in the box for the question "Amount of Depreciation Taken in Prior Years"? Having never filed a tax return or taken any depreciation amount do i just put $0?

The Turbotax software inserted a figure based on the information i gave regarding the cost and active date of the rental property.

Any help would be grateful! Thanks


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"Amount of Depreciation Taken in Prior Years" on an foreign rental property?

In determining the U.S. tax basis of assets acquired by a foreign citizen, historical cost is used (as in the case of a U.S. citizen). If the historical cost is denominated in a foreign currency, the equivalent U.S. dollar amount is determined by using the foreign exchange rate at the time the asset was purchased.

In general, the taxpayer’s cost basis for purchased property has been determined to be the initial expenditure in the foreign jurisdiction

Generally, all of the same US tax rules apply to outside the country real estate that apply to inside the U.S. properties

Property located outside the country, you're required to depreciate the cost over 40 years. 

For U.S. tax purpose the date you become eligible to file a U.S. [rental placed in service]

First Year of Residency

If you are a U.S. resident for the calendar year, but you were not a U.S. resident at any time during the preceding calendar year, you are a U.S. resident only for the part of the calendar year that begins on the residency starting date. You are a nonresident alien for the part of the year before that date. 

Once you get a green card, you automatically become a U.S. tax resident and you must declare your entire income to the U.S. government.

Topic 851 - Resident and Nonresident Aliens

https://www.irs.gov/taxtopics/tc851.html

Rental Property Income and Expenses

https://ttlc.intuit.com/replies/3288530


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