@lucyx513 another point is that the depreciation that you'll be required to take as a rental, would be subject to recapture upon sale. likely not much considering the rental would be short-term but still this comes before the home sale exclusion is applied. if you ask too much for the rent, that could easily jeopardize any schedule E deductions. if you ask below market rent, that presents its own problems as to deductibility on schedule E. no have no assurances the market value will recover. there is always the possibility iy could decline further. Best a question posed to a local realtor.
