@Luna36 wrote:
I had been taking rental depreciation for 4 years on a rental condo then somehow missed taking the depreciation for the next 3 years. Can I still use Form 3115 to catch up on the missed depreciation? Or can 3115 only be used for missed depreciation if I had never claimed depreciation in prior years?
If depreciation was correctly claimed in the first and/or second year, the only way to claimed the missed years is to amend.
Form 3115 does not apply when depreciation was correctly taken in the first and/or second year.
