So, while the SAFE act is technically a state law, it was unconstitutionally forced on the states by the Feds in violation of the 10th amendment, and is therefore unconstitutional (especially if one is owner-financing a property to someone else who is from the same state).

"Just minutes before the clock struck midnight, City Council approved the last amendments to the short-term rental resolution.

All of this is required in order to protect the tenant's 4th Amendment rights. 

So, file amended returns if you didn't take all the depreciation.Of that gain, you'll owe depreciation recapture tax, currently 25%, on the gain up to the amount of depreciation you were allowed to take.

Ours does, except that a few years ago our restrictions were amended so that part of the garage could be used for exercise equipment.

I will sometimes also ask the clerk if there are any amendments in process, too.  

Berny, you may want to consider amending your tax returns as flipping houses is almost never capital gain.  

Is it simply an amendment to my 2017 taxes or should I get an accountant to deal with it? 

Even if you already filed your 2008 return, your return can be amended and you can get a refund of up to $8,000.00.

i do my own with turbotax basic, have about 15 installment sales so my income tax is about 25-pages.I'm being audited now because i made mistake of putting business deductions on schedule C rather than A . . . amended the return and am awaiting their reply.