Starting in Oct 2022, I rented out 2 rooms in my primary residence to tenants. In 2024, I moved out of the home in April and started renting out the entire house. I want to mark the original partial rental I set up in Turbotax as disposed in April 2024, and create a new full rental starting May 2024 that would account for the entire home.
My understanding is that I would need to factor in the depreciation I already took through the partial rental when I set up the full rental, but I'm not quite sure how to do this. Specifically:
1) How should I find the amount of depreciation I've taken since 2022? I see in the "Your Property Assets" page under partial rental I set up that it tells depreciation amounts, but I'm not sure if this is only for 2023 or since I first started the rental in 2022?
2) How do I apply the depreciation to the new full rental? I see that it's asking me for information like original purchase price, fair market value, escrow fees, and improvements. How do I factor in the prior depreciation when filling out these fields?
3) I replaced the roof of the house in Oct 2023 and added that as an asset for my original partial rental. How should I carry that information (with depreciation) over when filling out my new full rental?
