You can create a second asset (building and land are one with two separate cost entries).
- Change your original one to the 50% amount you will retain keeping the same placed in service date. This will retain the accumulated depreciation as it should.
- Make the second asset the 25% (amount you removed from the original asset and sold) and be sure to use the same placed in service date so that the sale accounts for any depreciation portion of the gain (or loss) on the sale.
- Select the second (25%) asset was sold, then follow the prompts to enter your information. TurboTax will do the rest.
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