Investors & landlords

Hi DianeW777, and thank you for your quick reply and expert advise. 

 

You had mentioned a chart I should use but I didn't see a link to a chart.  "Calculate all of the depreciation you used before 2021, then use the chart below (also in IRS Publication 946) to calculate what it should have been". 

 

I didn't include the rental property income for years 2021, 2022, 2023 due to I mistakenly make the assumption that because the properties were in Puerto Rico I didn't have to report them in the federal tax.   I can go and fix 2022, and 2023 but I'm not sure what to do with 2021.  Should I submit the 3115 with the 2022 tax amendment?  What happens to 2021?

 

Thanks!