No, there is no distinct writing about rentals specifically. However, they do describe temporary in relationship to a job location which is what I described. The IRS will use their judgement and could site any Tax Court cases if applicable should your return be reviewed.
Yes, you would say it was converted to personal use on a date you choose, then it would be removed and paused from your tax return for the idle period. To resume the assets are added back to the tax return when you make it available again and enter the depreciation previously used when asked as you enter the assets back to your tax return that year. The assets will be entered exactly as they were before but with a new date placed in service and the prior depreciation entry.
@mroses
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
