Tank you for the detailed description. I've never worked with depreciation before, but I'll try to work through and understand your explanations.
I don't understand your explanation of converting the property from rental to personal. I owned and lived in the house for the months January - April, with my some renting a room and back (~5% of the square footage). He has done this for a number of years.
I had a rental contract for the whole house starting May 1, through the rest of the year.
Your statement about deductions. Are you saying my upgrades and repairs done prior to the rental contract, getting the house ready, are not deductible?
thanks
