- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
‎November 21, 2022
8:28 AM