Replace primary residence HVAC now? Or once I have tenants

[Nabeel Qureshi]

Newbie here.

My HVAC needs to be replaced in my primary residence condominium. It’s still working but it needs to be replaced in the near future because it’s old.

I plan on moving out in six months and renting it out. Will be my first rental.

From a tax (and any other factors) perspective should I go ahead and replace it now or wait until I convert the property to a rental? From what I understand this would be a capital improvement which can be depreciated over 27.5 years but not sure how helpful that is and if it will help my spouse and I (both W2) on our personal taxes.

[John Underwood]

How old is it? I have had HVAC units last 20 years. I personally would not replace it till it starts having problems or fails.