Laura invests as a limited partner in a real estate partnership (Pship
I) by contributing $30,000 to the partnership.  There are nine limited partners and one general partner in the partnership.  In June of Year 1, the partnership uses the $300,000 contributed to purchase an office building worth $1,500,000.  The partnership obtains a non-recourse loan to cover the $1,200,000 balance.

Laura has also contributed $20,000 to another limited partnership (Pship 2) with nine other partners.  The partnership has purchased rental property worth $100,000.  Since Laura has experience as a bookkeeper, she offers to manage the books for the rental property.  In Years 1 and 2, the partnership has a loss of $15,000.

How much depreciation will the Pship 1 take on the building in years 1 and 2?
How much of a deduction will Laura be entitled to take in years 1 and 2 from Pship 1?
How much of a deduction will Laura be entitled to take in years 1 and 2 from Pship 2?