Yes, if the rental property is available for rent, marketed as such and you are trying to obtain a fair rental value (FRV) in rents you can continue to deduct your ordinary and necessary expenses as well as depreciation.
I'm not sure why you think you cannot deduct 100% from the date you converted it completely to a rental. Please provide more details if you need further assistance.
As indicated in my earlier answer:
- Once the whole house is converted to rental you will enter it as an asset with a date placed in service. TurboTax will handle the math for depreciation on this asset. Be sure to separate the land cost and enter it when asked. You can use the tax assessment to arrive at the percentage of cost that applies to the land.
Note: Any asset placed in service and removed from service in the same tax year is not allowed to be depreciated. This is not referring to the partial rental and then the conversion to the full house as a rental.
@Tina20222
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