Carpark depreciation question

Hi,

I moved into my recently purchased residential condo, and also have a separately deeded parking lot in a covered garage in the condo which I have just rented out.

When filing taxes, apart from listing the rental income and the associated HOA fees and property tax expenses for this carpark lot, is depreciation applicable to my situation? If so, how would I go about determining that?

Thanks in advance from a first time property owner!

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