Yes, if you convert a personal home to a rental home, it is considered used 100% for rental use from the date it was converted, i.e., 'placed in service'. Placed in service date tells TurboTax how much depreciation you are allowed in the current year for the first year of conversion. Each year after that will be a full year of depreciation assuming it continues to be a rental property.
The question can be confusing in the first year of the conversion.
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