M-MTax
Level 15

Get your taxes done using TurboTax


@Mike9241 wrote:

The fact that no return was filed for 10 years potentially creates issues for which a tax professional would be needed


Exactly! There is also a ton of information that has not been provided in the original and subsequent posts, such as the type of property rented, value of the land (if applicable, and this could be vacant land - we don't know).

 

A tax pro is definitely called for in this instance since a 3115 might need to be filed for any foregone depreciation.