Ray1
Level 3

Investors & landlords

- I used it for personal then back to rental

- The problem I face is that there is no 4562 in my 2019 return.

- Another thing is that I sold this property in late 2020 and I have a large capital gain. Wouldn't it be better if I just go ahead and cancel the depreciation from last year and put those costs in my cost basis? Is that even a possibility?