Investors & landlords

Hello Rick,

 

Thanks for your response. Not sure what OP stands for. I'm not sure how you or James are getting 35438 as prior year depreciation. Also how do I file the form 3115 to rectify my situation? I'm assuming that I select 35,438 as my prior year depreciation but in form 3115 I show the actual depreciation amount of 32,178 that I have taken so far to fix for the difference between 35,438 and 32,178.