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Investors & landlords
Rental property in the US is depreciated over 27.5 year. Non-residential real property such as an office building is depreciated over 39 years. Unless your property is outside the US, your accountant entered the information in the wrong place.
Even if it is foreign property, the ADS depreciation is 40 years, not 39. If you have not had the property in service for too long, the easiest solution is to amend. If you were to indicate that it was non-residential real to get it to match, you are not accurately filing your return. In addition, you are not getting your proper depreciation amount.
Residential rental property 27.5 yearsOne solution is to elect an accounting method change and file a Form 3115 in the current year and take the prior depreciation as a section 481(a) adjustment. [land value is separated, land is not depreciated]
Below are the IRS links related to the change in accounting method. TurboTax does not have that form.
May be these will help
Form 3115, Application for Change in Accounting Method
http://www.irs.gov/uac/Form-3115,-Application-for-Change-in-Accounting-Method
Instructions for Form 3115 (03/2012)
http://www.irs.gov/instructions/i3115/index.html
Form 3115,
http://www.irs.gov/file_source/pub/irs-pdf/f3115.pdf