Rental property converted to vacation home converted back to rental property

I purchased a rental property in Aug-2018, converted to vacation home in Aug-2022 and back to rental property in May-2023. How do I enter this information in 2023 return and make sure the depreciation and losses from previous years is carried forward.

5780

Expert Alumni

Apr 16, 2024 10:06:33 AM

You'll need to go back to your 2022 return and get the accumulated depreciation so you can enter it as prior accumulated depreciation. Then you'll carry on depreciating it. But all of it will have to be manually entered.

@Raju15

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Rental property converted to vacation home converted back to rental property