You can select filing or not filing, but IRS won't care.

来源: 于 2013-03-19 08:17:12 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Your friend failed to tell you that IRS will regard your property enters depreciation automatically. It doesn't matter you report it or not.

So, you'd better report it start at the first year (you can't later).

Read more about 1031 exchange.