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Prfessor Baron,Yes, all the numbers that you re-annotated below are correct. And, thank you for your assistance in helping me to understand how to perform the depreciation on the home over 27.5 years. There did not seem to be specific information on how to do so. Will Turbo Tax make the correction / adjustment for 2009 as I put the property in rental status then, or will I need to submit an amended 2009 tax return? It is my understanding that I will need to do so as making the change on the 2010 tax return does not automatically adjust the depreciation on the 2009 tax return.Thanks again for your assistance. I appreciate it! Have a good weekend!Regards,Howard"Wazy"
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