EFran
New Member

Converted part of the rental to personal use in 2024

Hello, in January 2024, my son, who is also on the property title moved to the main house of our rental house! We rented the main house and the basement separately since 2022. I have manually entered 1/3 of all expenses on Schedule E, but I am unable to edit the property depreciation to only show 1/3! Are there any other tax consequences that I need to know? 

Thank you in advance for your assistance!