I am wondering if I did my depreciation calculation correctly throughout these years? So in 2005, my wife bought a condo for 375K. We used a 27 year straight-line depreciation for all these years, $13,888 each year. However, I suspect I did things wrong. She passed away in 2015, and went to an estate account because it went into probate. Furthermore, I did not get awarded the house again until 2020. Should the depreciation accumulated have been reset back to 0 at some point, either in 2015 or also in 2020 because of a step up situation? Also, I'll assume that the depreciation amount should have been adjusted to whatever the new market/assessed value starting in either 2015 or 2020?
Obviously the answer to this question affects the capital gains calculation.
If the depreciation accumulation does go back to 0 say in 2015 and/or 2020, how do I go about filing an amended return(s)?
