We are filling out Form 3115 for my rental property that I sold in 2024. My dad managed the property from 2014 until 2020.
Then I started managing the property since 2020 when he quitclaimed it to me and my two siblings until we sold it in 2024.
What “ tax year of the change begins and ends” should I use on Form 3115? I thought it should begins from 01/01/2024 and ends 12/31/2024. But my accountant wants to put it from 2014 to 2024. He said it should cover my dad’s period of management of the property as well!
