sjrcpa
Level 15
05-06-2021
11:46 AM
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All depreciation is NY because that's where the rental property is. The entire rental activity is taxable in NY. In addition, it is taxable in CA for the pro rated portion of the year they lived in CA.
There may not be any depreciation differences between federal, CA and NY. They mostly arise with bonus depreciation and Section 179, not real property..
The more I know the more I don’t know.