Investors & landlords


@kcampion wrote:

Turbo Tax has used the SL/MM (27.5 ) what type of method would I be changing to?


That would be the correct recovery period and method, but you stated that the property was set up incorrectly in 2008. 

 

As a result, you need to make an adjustment for the foregone depreciation, which is made on Form 3115.