Carl
Level 15

Investors & landlords

As an addendum to the other replies in this thread, the 3115 is not simple by any stretch of the imagination. So if you don't know what you are doing (and you very well may for all I know) seek professional help. Messing up the 3115 to fix a past mistake (such as incorrect depreciation) and doing it wrong, will make the problem even worse many times over.