Hi @Hannah Joy
I wouldn't say that there's necessarily a way to 'plan' your deductions. Rather, you just want to make sure you include all relevant expenses, depreciation, or other 'losses' associated with your property in order to get the maximum tax benefit of owning a rental. There is bonus depreciation that can be considered, however, which could allow you to maximize your refund by claiming future depreciation of an asset in the current year. As found on usbank.com ...
"The rules allow Bonus Depreciation to 100% for all qualified purchases made between September 27, 2017 and January 1, 2023. Bonus Depreciation now ramps down to 80%, starting in 2023. Bonus depreciation will continue to ramp down for ensuing years: 60% for 2024, 40% for 2025, 20% for 2026, and 0% beginning in 2027."
I believe you are correct in that Turbo Tax won't let you play around with entering the numbers until sometime early next year. I'm not sure when that date is, however.