Why are my rental deductable losses zero when I have >$10 in expenses and depreciation?

If your property qualifies as a "home" rather than a "rental property" then you are not allowed to recognize any losses for the year nor are you allowed to carry them forward.

Your property qualifies as a home if your personal use exceeds the greater of:

• 14 days, or
• 10% of the total days it is rented to others at a fair rental price

Per the IRS (Publication 527😞

Limit on deductions.

Renting a dwelling unit that is considered a home isn’t a passive activity. Instead, if your rental expenses are more than your rental income, some or all of the excess expenses can’t be used to offset income from other sources. The excess expenses that can’t be used to offset income from other sources are carried forward to the next year and treated as rental expenses for the same property. Any expenses carried forward to the next year will be subject to any limits that apply for that year. This limitation will apply to expenses carried forward to another year even if you don’t use the property as your home for that subsequent year.