The residence was used exclusively as a rental unit since 2004 and generated those many years of depreciation. But we moved into the house last Oct 2016 as a principal residence. In May 2017, we went away for almost six months and rented it out as a vacation rental, then returned in Oct to take up principal residence again. How do I calculate depreciation for the summer months for the vacation rental status?
As an aside, in last year's TT, we took the assets out of service as of Oct 2016, not realizing we would rent it again this year. We also have unrealized carryover losses from its passive loss status since 2004. TT keeps linking our 2017 activities to those unrealized losses.
