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Investors & landlords
Ok ... the first screen you posted is NOT to be used ... it is not for your situation
And if you overwrite the prior year depreciation instead of correcting it properly then you only hurt yourself in the long run ... amend the 2018 return to correct this error as it is in your favor. Do NOT overwrite the pre filled in amount on this screen ...
If you do not seek professional guidance in this matter then you will need to educate yourself on being a landlord for income tax purposes :
https://www.irs.gov/pub/irs-pdf/p527.pdf
‎January 30, 2020
3:46 AM
1,383 Views