Thanks, by the way, what if There has never been a profit on rental property, and due to passive activity limitations, there would be no benefit to claim the depreciation. There is no income to reduce. Its at zero and cannot go below zero because regular income is too high. Do a Change form still need to be filed if no depreciation expenses is being claimed? I understand about basis adjustment for sale, but there is no requirement to claim the expense is there, especially when there is no benefit ??
