Last year (first time I used TurboTax) I entered the data for the rental properties, TT gave the depreciations.
This year, without changing any data, TT gave about 40-50% higher depreciations. The properties are in California and Mexico.
Is any explanation for this?
Added later: Sorry for not telling, in both years, 2018 and 2019, all properties were rented out for the whole year.
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This would be the case when the properties were put on the rental market mid-year in 2018, and depreciation in 2018 was not for the full year.
Assuming the rental property was placed "in service" in 2018, (has nothing to do with when you started using Turbotax) I would fully expect the 2019 depreciation to be higher. The 2018 depreciation is pro-rated based on the specific month you placed the property "in service" as a rental.
Sorry for not telling, in both years, 2018 and 2019, all properties were rented out for the whole year.
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