Depreciation of Windws in Prim. Residence converted into Rental

[Lacey A.]

We lived in the SFH and replaced all of the original windows and sliding doors in October 2019 to improve energy efficiency. (They were 40+ yo) We moved out and converted the SFH into a rental in March 2021.

On our expenses, can we now claim depreciation of the cost of windows and doors? 

[Ashish Acharya]

Yes, you can deprecate the lower of the FMV or the cost. The FMV would probably be lower now unless you can prove the value of the window has gone up.