If you haven't been depreciating your rental property, you
may want to consider amending your past returns to do so. Because even if you
have not claimed the depreciation, the IRS will assume you did.
You will have to recapture (and pay taxes) on the allowable depreciation
if you should dispose of the property down the road. Amending will allow you to
get some benefit from that depreciation expense that is assumed to have
occurred.
If you have not been depreciating your property, then for
2017, add your asset in the Rental section and input the original date
of purchase. This will calculate the depreciation for this year and going
forward, as well as completing a depreciation report that will list the prior
depreciation (accumulated depreciation) amount that should have been
taken.
https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed
https://www.thebalance.com/depreciation-recapture-3192979
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