TaxGuyBill
Level 15

@Accountant-Man wrote:

TGB, I need a direct email, please

Bill, I have my second F3115 on a sold rental EVER, and I need to know which DCN to use. Please help.

@Primobabe wrote:

My thought -- file Form 3115 to correct the missing depreciation expenses

AND add them to the suspended PALs.  Is this ok?

 

Yes.

No, the §481 adjustment from Form 3115 will go on Schedule E as an "other" deduction.


 

I just emailed you.

 

0 Cheers