Answer
May 02, 2024 - 12:50 AM
Yes, you can. Depreciation is all about the date put in service. And so that's why it's an issue is, but yes, you can. There is a way that you can retroactively go grab the loss that you were to, the deduction that you were to have and recoup it. However, that's a highly scrutinized way of going about it. And so you need to understand how much. How much is the rental? How much of the cost would have been accelerated in depreciation? And if your rental was like, let's say the rental was like a million dollars, that's not going to be enough. It won't be enough to make it worth it. You need to now focus on buying another rental and doing it then.
