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No depreciation is taken in this situation ... only report the rent & associated expenses on the Sch E. You must prorate the common expenses(like RE taxes, insurance and mortgage interest) yourself as the program will not do it correctly with a part year rental and the personal use days must be zero.
Oops. I double posted. The original thread is: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-indicate-con...
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