Investors & landlords

You shouldn't remove the property unless you want to manually keep track of the asset information as you'll need to account for it when you dispose of the property. You can indicate that you converted the property from a rental to personal use on the page that says Do any of these situations apply to this property? You will need to then go to the asset entries for the property and indicate that each asset was converted to personal use. Your suspended losses will be carried forward to be taken when you rent the property again or sell it.

You will going forward enter your mortgage interest and property taxes in the deductions and credits section as you may be able to use them as itemized deductions.