@Carl thank you again for your response.
1) For my property placed in service from Nov 2020, can I amend my 2020 and 2021 returns (from 27.5 to 30 years life).
2). Now the bigger problem - for my property placed in service in 2006 - understand that I will need to seek professional help with preparing F-3115. I don’t live in the US. The expats deadline to mail the 2022 return is on June 15. I plan to file an extension to Oct 15 to have more time to get the F3115 done. Do the 1040 and 3115 have to be mailed together? And should I already use the correct year (40) for the 2022 depreciation amount? TT has me now on 40 years and I don’t know how to change it back to the incorrect 27.5. Or do I wait for the IRS approval to change?
I know I need to seek professional help…am wondering if there’s anyone here in the Community that can help me to prepare the 3115. In the meantime, your input really helps and much appreciated. Many thanks…
R…
