If you will be renting out the property for less than one year for the entire time you own it, (in your case, 4 months as a rental) and the *ENTIRE* period of rental will start in the current calendar year, and end in that *same* calendar year, then you are not required to depreciate it.
To achieve that, when you enter the property into the SCH E section of the program you make your COST and COST OF LAND *exactly* the same. Then nothing gets depreciated while retaining your cost basis.
Take special note that if in the future you rent the property or *any* portion of it for one single day in another tax year, then your period(s) of rental have crossed tax years and you are required to take depreciation for the entire cumulative time it was a rental.
