Foreign residential rental

L

LRCPA

Joined
Aug 7, 2014
Messages
5
Reaction score
0
How to handle a German residential rental put in service in 2011, but instead of using ADS recovery life of 40 years with straight line depreciation, we used MACRS with 27.5 year? Do we need to correct with form 3115 or at this point is it best to leave alone?

Thank you so much for any assistance whatsoever!
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Canada Foreign-denominated income from a local company 2
UK Foreign Income Confusion 0
Foreign Income Tax Return 0
UK Working For a Foreign Company whilst Living in UK 0
Foreign Exchange and Subsidiary accounting 1
Does apex clearing offer its services to foreign fintech startups 2
2 Tax Questions for a Foreign Gift from France 2
USA Establishing Cost Basis in Foreign Real Estate sale 3

Members online

Total: 96 (members: 1, guests: 95)

Forum statistics

Threads
11,893
Messages
28,091
Members
23,391
Latest member
hbmusa

Latest Threads

Top