If you're talking about any suspended losses you may have, you can't realize those suspended losses until the tax year you sell the property. Even if you've converted the property back to personal use, the losses remain suspended until the tax year you sell. That's one of the reasons why you need to print and keep those forms I mentioned previously. Those forms show your total depreciation taken up to the time you converted it to personal use, as well as your suspended losses (if any). Since the property was converted to personal use on your 2023 tax return, that property and all the information concerning it is *not* carried forward, as there will be no need for that property to be reported on SCH E on the 2024 return and beyond.
