Rental Property Depreciation

[baxtervm-yahoo-c]

I have a rental house that is depreciated  since 01/01/2005, date in service. Using the SL method over 27.5 yr life, it has been depreciated $2,278 each year. Why does the Turbo Tax Premier for Rental Propery only allow a lower depreciation than what has been used in the past?

[LeticiaF1]

If you used the house for personal use during the year or if when you entered the information for the house, you entered that it was not rented all year, these could affect the depreciation.  The depreciation would just calculated for the time of the year that it was used for business.  To get back to your rental property entries:

1. Open or continue your return
2. In the Search bar in the upper right of your screen
3. Search for rentals and select the Jump to link at the top of the search results
4. Answer Yes to the question Did you have any income from rentals or royalties?
5. On the next screen, Let's see if you're a real estate professional, select any options that apply to you.
6. On the screen What are you here to report?, select Rental property and Continue

Review your entries for the time the rental was available for rent.