Unable to use depreciation on the rental property

[Judd Campbell]

I got into rental property with the intention of using the depreciation on the property to help lower my taxable income. My accountant just let me know that I was unable to use any depreciation due to income limits.

I only had one duplex under my name in 2013 but I will have an additional townhouse and 4-plex under my name for next year. Any thoughts on how to structure these? I was reading that putting them in an LLC would not help.

If i went with a property management company would that change anything? (except make me cash flow a little less ! )