Nancy converted her personal home to a rental in 2019 when the building improvements were valued at $233,000. She originally purchased the home and land for $300,000. When purchased, 25% percent of the value was allocated to the land on the county property tax assessment. There have been no improvements or other adjustments to basis since 2019. What is Nancy's basis for depreciation when converted in 2019? $174,750 $225,000 $300,000