Turbo Tax & Rental Depreciation

[Brad Fletcher]

There’s a question on Turbo Tax that we’re stuck on. Do we take all depreciation this first year as an expense or depreciate over the useful life? Not sure if I’m even asking the question properly but it says in Turbo Tax to consider the answer carefully and that it’s difficult to go back and “undo”. 

Any advice and/or guidance is greatly appreciated. I have a screenshot but don’t see an option to include in this post.