Hello,
I have a small rental property that I have rented out for over 15 years. At the end of 2023 I decided to make the home my primary residence but have not moved into it yet because I need to make major improvements and finish battling with the county on these improvements. So it sat empty all of 2024.
Now that I am preparing my 2024 taxes (using the desktop version) the software is automatically giving me the annual depreciation deduction. I can't find where I answer a question or let the software know that this is no longer a rental property, although I don't live there yet. Should I just delete the rental property at the beginning of the rental property section? I assumed that I would be able to select that it is no longer a rental so that all of the prior depreciation is still on record with TT. What am I missing? Where can I indicate to TT that is no longer a rental?
Thank you for your input!
