We have owned a manufactured home that has been a rental. We moved it from a rented space in a park to land that we purchased. After set-up and prep, it will be rented again (from the management perspective it as remained a rental, just unrented during the move). How do I handle the land and other costs related to the move which are assets to be depreciated? Specifically, the move was in Dec. 2021 and it will not be available to rent until 4/1/2022. Most of the expensed were incurred in 2021.
