Question
Can I adjust my home's basis-for home office depreciation-with improvements over time of ownership (15y)? I once tried but was told I must first amend previous returns.
Purchased older home in 2005, have more than doubled my purchase price over the years with renovations, but never increased my basis for home-office depreciation 8826 purposes--I was told I would need to go back and amend a decade of returns in order to do so.
