Ok I let the tap run for about 2 minutes.. all I have are 5 gallon buckets so I put about 2 gallons in that and tested immediately for:
ammonia -- 0 ppm
nitrite -- 0 ppm
nitrate -- 0 ppm
pH -- 8.4 ish
I also tested GH and KH with strips (API master doesnt test for those)
GH -- 300 (high)
KH -- 0 (Very soft)
I added the dechlor and retested for ammonia and got:
ammonia -- 0 ppm
Hmmmmm... interesting numbers.
If your KH stays that low, and it probably will, you might have to start dosing your tank with baking soda for short-term maintenance and/or cuddle bone or crushed coral for long-term maintenance. We won't cover this yet since we want to see what your 24 hour and 48 hour baseline numbers are... and also double check your KH numbers.
Since you put "(high) and (very soft)" in your results, I'm guessing you had to use one of the dip sticks?
API does sell an add-on combo kit that tests for KH and GH so you might want to shop around for one as you run out of dip stick. The combo kit usually sells for around $7.00 and will last a long time compared to the dip sticks... and the test tube kits are usually much more reliable than dip sticks.
KH (Carbonate Hardness) is important as if the KH gets too low, or in your case is zero, it can allow the pH to crash, which can be dangerous to fish.
Have you tested your tank's parameters for pH, KH and GH? I know we've been testing like crazy for the nitrogenous waste numbers but haven't really checked on the other numbers.. since they usually aren't needed for fishless cycling... although a low KH level will cause cycling issues since the bacteria are life forms and all life forms need carbon to sustain life.