@amitr999 , Namaste ji
(a) How did you prepare your tax return for all these years while the house was being rented out ? I ask because if you used any tax software, these usually while filling out Schedule-E will include the depreciation as part of the filing, including a work sheet that shows the accumulated distribution.
(b) If you did it by hand and did not include the effects of depreciation then this is going to be messy -- because depreciation ( while giving you benefit right now, also reduces your basis in the property.
Without knowing what and how you prepared your past returns it is impossible to guide you.
Please provide the data required/asked for . If you feel that this is not of general interest , you can PM me with the details. ( jus NO personally Identifiable Information , please ).
Namaste ji
pk
