You would have to delete the asset and re-enter it and state that you didn't have any prior depreciation. That way you will get the correct depreciation for the current year. However, you will need to keep track of the depreciation taken over the years so that you can enter the correct accumulated depreciation when you dispose of the property. Also, you need to keep track of how many years you are depreciating the property, as TurboTax will assume the wrong year for the depreciation since you are indicating that it wasn't depreciated in prior year when it was.
This will only work for the house, since it gets straight line deprciation. It may not work for furniture and equipment, since you use accelerated depreciation for that, so the depreciation amount will differ from year to year.
@jbairdmn
{Edited 3/12/23 at 6:23 AM PST}
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