ZWu1
Level 3

After you file

Thanks both Champs for your answers.

 

1. For this property, the return preparer said the amount is unrecoverable via Form 3115 since I already converted it to self use last year. (For the other one, yes he is doing 3115 for me).

2. Suing him / going thru court is no fun. Is it ok or legit that he gives me the money back, and then I report it as some taxable income on my this year return?

 

Thanks a bunch!