Attached is the two part problem:

1) What is the depreciation expense for A) Tyler Tomey?

2) What is the depreciation expense for B) Jeremy L. Schultz?

a. In 2007, Tyler Tomey paid $135,000 for a condominium that he uses as rental property. In 2012, he spent $37,000 furnishing the condo. He uses regular (accelerated) MACRS to depreciate the furnishings. In 2012, Tyler deducted 50% of the furnishings as bonus depreciation. The half year convention applies to the furnishings. During 2015, Tyler received $15,000 in rental income and paid the following expenses: Association dues $2,800 Insurance 350 Mortgage Insurance 7,460 Real Estate taxes 1,400 Repairs 760 Utilities 360 Tyler actively participates in the rental activity. His AGI before considering the above income and expenses is $141,400. He depreciates the condo using MACRS. Prepare Schedule E & Form 8582 for Tyler Tomey. b. In 1999, Jeremy Schultz paid $90,000 for a townhouse purchased as an investment. During 2015, Jeremy received $9,600 in rental income from the tenants and paid the following expenses: Association dues $400 Insurance 130 Mortgage Ins. 6,200 Real Estate Taxes 1,100 Repairs 320 Utilities 440 Jeremy actively participates in rental of the town home. His AGI before considering the income and expenses from the rental property is $140,000. He depreciates the townhouse using MACRS. Prepare Jeremy Schultz Schedule E and Form 8582