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hzuo
Level 1

My residential real estate depreciates at 30 years (ADS), which should be 27.5 years (GDS). Is there a way to change it to GDS method?

My residential real estate depreciates at 30 years (ADS), which should be 27.5 years (GDS). Is there a way to change it to GDS method? I filed tax with other folks in previous years, and have been used GDS; IRS does not allow to switch to ADS.
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My residential real estate depreciates at 30 years (ADS), which should be 27.5 years (GDS). Is there a way to change it to GDS method?

if this is foreign real estate, 30 years is the proper life. but you can't change without filing Form 3115. 

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My residential real estate depreciates at 30 years (ADS), which should be 27.5 years (GDS). Is there a way to change it to GDS method?

if this is foreign real estate, 30 years is the proper life. but you can't change without filing Form 3115. 

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