Solved
Converted rental property to residence on January 1
TP was divorced in 2024 and converted his rental property to his residence on January 1.
I'm trying to stop depreciation on the rental property for 2024 and keep the rental property information available for when the property is rented again. However, PS doesn't allow a disposal date of 12/31/23, I have to enter a disposal date of 1/1/24.
This results in one day of depreciation for 2024.
How do I keep the rental information in PS for future use and not report depreciation in 2024?
Thank you.
