Depreciation on rental home placed in service and given away in same year

[taxload45]

According to the IRS, property placed in service and disposed of in same year cannot be depreciated.  If a house is bought, rented, and then gifted to a child for use as a personal residence all in the same year, would depreciation still be taken by the parent who gave the home away?  Or would depreciation not be taken because the gift would be considered a disposal and fall under rental property placed in service and disposed of in same year rule?

[GP70]

No, depreciation is not allowed on rental property that is put into service and taken out of service in the same calendar year.  You can claim other expenses such as taxes, mortgage interest, utilities, and maintenance associated with the property while it was rented.