rental property depreciation

In 2018 I acquired a new HVAC system and have been depreciating it at the rate of 27.5 years. We are selling the house this year and I am wondering if there is a way to recoup the other depreciation on our 2023 taxes since we need the deduction. Is there any way to change it at this point?

posted

If you are selling the rental in 2024, then the rest of the HVAC expense will be recouped at that point. You'll indicate in the asset section a selling price of zero and the remaining undepreciated balance as an expense.

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