- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If you place the house back into service, you will use the lesser of the fair market value at the time of conversion to rental use or the adjusted basis and the latter will be reduced by the total amount of depreciation you previously deducted.
‎October 27, 2023
6:23 AM