I am replacing our rental property's windows, and made a 50% deposit down to the window company on 12/31, which they needed to start proceeding with the window order. The final 50% of the invoice is due in a few weeks (January) and the windows will be shipped and ready to be installed shortly thereafter. How do I record the payment since half would be in 2024, and the other half in 2025? The total cost will be $2600, so would the Safe Harbor Election come into play? Thanks
