Deductions & credits

this might work cut the cost in half and continue to use the original in-service date, etc but 100% business use for 2024. if needed change prior depreciation to what it would be if you depreciated $13750 100% for the old rental period which would come from last year's depreciation history or report. the current year should compute at $500. create a new asset with an in-service date of when the new rental starts with a life of 27.5 years 100% business use.  (assumes cost is less than fair market value)