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No, there aren't restrictions to depreciate a rental property (assuming it is a rental property for more than one year).
In some circumstances, being able to deduct a loss could be limited, but any unallowed losses would be carried forward to future years (or until it is sold) until they can be used.
No, there aren't restrictions to depreciate a rental property (assuming it is a rental property for more than one year).
In some circumstances, being able to deduct a loss could be limited, but any unallowed losses would be carried forward to future years (or until it is sold) until they can be used.
You would, generally, only have to file 6198 if you had invested an amount in your rental for which you are not at risk.
See https://www.irs.gov/instructions/i1040se/ch01.html#d0e169
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