jkbuxton33
Level 2

Client did not depreciate this rental properties for the past 6 years.  He sold one of his two properties. Neither of which was depreciated. I'm filing form 3115 to correct this.

My question is about Question # 4 which states "did or will cease to engage in the trade or business to which the requested change relates, or terminate its existence, in the tax year of change". Do I need to do separate forms for each property so that I will check Yes on the form the property he is keeping and No on the form for the one sold?

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