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Updated over 7 years ago,
Does the depreciation year still count is you didn't get to claim
I didn't get to claim the depreciation on a rental property on my 2016 tax return because my adjusted income was too high. I have the property in an LLC but it still shows up on my personal return. My question is, does the year still count as one of the 27.5 years I can deduct over?
Please let me know if you need additional information to answer this question.