https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/depreciation-period-for-overseas-rental-condo/01/1702077#M55661 <P>TT is using a 30 year period for depreciating my rental condo overseas. It should be done over 40 years. In the Profile for the property I show that it is oversas and&nbsp; enter the overseas address as well (with country selected from the drop down menu, etc). Whay may I be doing wrong?</P> Fri, 31 Jul 2020 23:59:04 GMT mpsingh08 2020-07-31T23:59:04Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/depreciation-period-for-overseas-rental-condo/01/1702077#M55661 <P>TT is using a 30 year period for depreciating my rental condo overseas. It should be done over 40 years. In the Profile for the property I show that it is oversas and&nbsp; enter the overseas address as well (with country selected from the drop down menu, etc). Whay may I be doing wrong?</P> Fri, 31 Jul 2020 23:59:04 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/depreciation-period-for-overseas-rental-condo/01/1702077#M55661 mpsingh08 2020-07-31T23:59:04Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-depreciation-period-for-overseas-rental-condo/01/1702111#M55665 <P>The tax code changed with the Tax Cuts &amp; Jobs Act of 2018. Foreign residential rental real estate placed in service ***AFTER*** Dec 31, 2017 is depreciated over 30 years.</P> <P>&nbsp;</P> Sat, 01 Aug 2020 00:51:27 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-depreciation-period-for-overseas-rental-condo/01/1702111#M55665 Carl 2020-08-01T00:51:27Z