I placed a rental home in service very early in 2016,each tax year the depreciation has been $8849. TT says it is only $5917...income from property is -3,300 in 2024

Why is it not the full 8849 this tax year?

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It is possible you entered other assets such as land improvements that were fully depreciated this year or last, that would reduce your depreciation deduction going forward.

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In '22 I took the standard home office depreciation. For '23, I'm taking the itemized deduction, however, it is asking for last years depreciation amt which don't have?

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I placed a rental home in service very early in 2016,each tax year the depreciation has been $8849. TT says it is only $5917...income from property is -3,300 in 2024

I placed a rental home in service very early in 2016,each tax year the depreciation has been $8849. TT says it is only $5917...income from property is -3,300 in 2024

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I placed a rental home in service very early in 2016,each tax year the depreciation has been $8849. TT says it is only $5917...income from property is -3,300 in 2024

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I placed a rental home in service very early in 2016,each tax year the depreciation has been $8849. TT says it is only $5917...income from property is -3,300 in 2024

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