The best advice would be to continue your rental house, and any assets besides the house using the 75% rate for depreciation, Add a new asset for 2024 for the other 25%, with the same purchase date, and a new date it was converted to a rental property. This will provide the correct overall depreciation for both parts of the home. You do not want to disrupt the depreciation or the cost basis for the 75% you have already been using as a rental activity.
Keep in mind the cost of the recent 25% of the property will have a cost basis that is the lowest of actual cost or fair market value (FMV) on the date of conversion. Most likely the actual cost will be the lower of the two however I wanted you to be aware in the rare circumstance the reverse might be true.
The land can be left in the original rental and you don't need to be concerned about adding land in the second or more recent portion.
Simply add a new asset that is 100% rental and be sure to select that this property was converted from personal use to rental use. The link below may be helpful for both rentals.
@verita87
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