I filed my rental properties last year 2018 for the first time. I have major remodeling done. When I was doing my taxes and depreciation I do believe I selected the incorrect asset code. So therefor I got a 5 year depreciation. I know that they need to have more than that. Do I need to amend my 2018 return to fix this?
I did try to amend to correct codes such as the new roof but it put it in a 40 year deprecation. What am I doing wrong to get it in the correct 27.5year range.
