Discussion:Change in Depreciation method
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Discussion Forum Index --> Test Area --> Change in Depreciation method
| 25 May 2007 | |
| I just picked up a client where the prior accountant depreciated rental real estate purchased in 2002 over 50 years straight line. I would like to switch over to 27.5 years MACRS. Do I need to file a 3115, or can I just switch methods without permission? | |
| 27 March 2008 | |
| Yes, you required to file "Form 3115" for change of depreciation method. | |
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