topic Can I avoid depreciating a rental property if I purchased it and converted it to my primary residence in the same year? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-avoid-depreciating-a-rental-property-if-i-purchased-it-and-converted-it-to-my-primary/01/2537816#M83106 I purchased a rental property in 2021, rented it out for 254 days, and then converted it to my primary residence (still in 2021).<BR /><BR />Turbo Tax calculates the depreciation on the home based on the fair rented days. However I don’t plan to rent the home out again. Is there a way not to take depreciation so that I don’t have to pay tax on the recaptured depreciation if I sell the property in the future? Mon, 09 Mar 2026 09:21:20 GMT chriswa1 2026-03-09T09:21:20Z Can I avoid depreciating a rental property if I purchased it and converted it to my primary residence in the same year? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-avoid-depreciating-a-rental-property-if-i-purchased-it-and-converted-it-to-my-primary/01/2537816#M83106 I purchased a rental property in 2021, rented it out for 254 days, and then converted it to my primary residence (still in 2021).<BR /><BR />Turbo Tax calculates the depreciation on the home based on the fair rented days. However I don’t plan to rent the home out again. Is there a way not to take depreciation so that I don’t have to pay tax on the recaptured depreciation if I sell the property in the future? Mon, 09 Mar 2026 09:21:20 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-avoid-depreciating-a-rental-property-if-i-purchased-it-and-converted-it-to-my-primary/01/2537816#M83106 chriswa1 2026-03-09T09:21:20Z Re: Can I avoid depreciating a rental property if I purchased it and converted it to my primary r... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-can-i-avoid-depreciating-a-rental-property-if-i-purchased-it-and-converted-it-to-my-primary-r/01/2537868#M83109 <P>You will have to factor the depreciation into any gain you&nbsp;realize when you sell&nbsp;the property, whether you deduct it or not. So, you may as well deduct it.</P> Wed, 02 Mar 2022 03:16:55 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-can-i-avoid-depreciating-a-rental-property-if-i-purchased-it-and-converted-it-to-my-primary-r/01/2537868#M83109 ThomasM125 2022-03-02T03:16:55Z