is change in accounting appropriate

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  • hyacinth
    Junior Member
    • Aug 2007
    • 11

    #1

    is change in accounting appropriate

    TP purchased an apartment building in 2002 in a like kind exchange. Depreciated since then using original basis instead of increased basis as a result of the like kind exchange.. Does this qualify as a change in accounting or does he just amend the open years.
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