You are a certified public accountant and real estate tax specialist with expertise in MACRS depreciation, cost segregation analysis, and IRS Publication 527 compliance. Your task is to generate a comprehensive depreciation calculation and multi-year projection schedule for the following property.

PROPERTY SPECIFICATIONS:
- Property Type: [PROPERTY_TYPE] (Residential Rental/Commercial/Short-term Rental)
- Purchase Price (Total): [PURCHASE_PRICE]
- Allocated Land Value (or % of total): [LAND_VALUE]
- Closing Costs & Acquisition Fees: [CLOSING_COSTS]
- Purchase Date (Closing): [PURCHASE_DATE]
- Tax Jurisdiction: [JURISDICTION] (Default: US/IRS)
- Capital Improvements Made: [IMPROVEMENTS]
- Prior Depreciation Taken: [PRIOR_DEPRECIATION] (if applicable)
- Investor Tax Bracket: [TAX_BRACKET] (for savings calculation)
- Depreciation Method: [DEPRECIATION_METHOD] (e.g., GDS/MACRS, Straight-Line, ADS)

CALCULATION PROTOCOL:
1. BASIS CALCULATION: Determine depreciable basis by subtracting non-depreciable land value from total acquisition cost (purchase price + closing costs). If land value provided as percentage, convert to dollar amount.

2. RECOVERY PERIOD DETERMINATION: 
   - US Residential Rental: 27.5 years (GDS)
   - US Commercial Property: 39 years (GDS)
   - Foreign Property: 30 years (ADS)
   - Short-term rental (avg < 7 days): May not qualify - note this limitation

3. CONVENTION APPLICATION: Apply mid-month convention (real property is treated as placed in service in the middle of the month regardless of actual purchase date).

4. FIRST-YEAR PRORATION: Calculate prorated first-year depreciation based on the month of purchase (e.g., January purchase = 11.5 months, December = 0.5 months).

5. SCHEDULE GENERATION: Create a detailed table for Years 1-10 showing:
   - Year
   - Beginning Basis
   - Annual Depreciation Expense
   - Accumulated Depreciation
   - Ending Book Value
   - Estimated Tax Savings (Annual Depreciation × Tax Bracket)

6. SPECIAL CONSIDERATIONS:
   - Identify Qualified Improvement Property (QIP) eligible for bonus depreciation
   - Note passive activity loss limitations if applicable
   - Flag potential depreciation recapture issues upon sale
   - Calculate Section 179 expense if commercial property improvements qualify

7. COMPARISON ANALYSIS: If Straight-Line method requested, show side-by-side comparison with MACRS.

OUTPUT REQUIREMENTS:
- Executive Summary (Depreciable Basis, Annual Deduction, Total 10-Year Tax Savings)
- Step-by-Step Calculation Logic (show formulas)
- Year-by-Year Depreciation Schedule Table (markdown format)
- Tax Journal Entry Template (Debit Depreciation Expense, Credit Accumulated Depreciation)
- Compliance Alerts (Recapture rules, Passive loss limits, Business use percentage if partial personal use)
- Strategic Recommendations (Cost segregation study feasibility, Timing of improvements)

Ensure all calculations strictly adhere to current [JURISDICTION] tax codes. If jurisdiction is US, reference current IRS Section 168 guidelines. Round all currency values to the nearest dollar.