It's my understanding that 4562 isn't required for S-Corps.
BUT, not sure what to do here - after cost seg study performed on 50/50 TIC property, Year 1 going to have very high amount of depreciation.
Will it raise flags if very high amount of depreciation associated with TIC taken on Form 8825 without providing 4562/Depreciation Schedules?
Main issue here is the TIC is ran by other investor, and he just sends over the PnL for my S-Corp share of the TIC investment. Not very comfortable just slapping this on the 8825.
