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Yes I am taking depreciation on Schedule E as I can take any deferred losses when I sell the rental.

As far as 2 separate tax systems, I understand that, however, the AMT system does not allow me to deduct the rental depreciation as I am above the AGI limit of $100,000, yet TaxAct adds the rental depreciation back, incorrectly, I believe.

Thanks for any further clarification you can provide.

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