It depends. If you used the property for rental purposes as a 'for profit' activity, then you will recapture the depreciation expense used on your tax returns when you sell the property even if you meet the home sale exclusion rules. You will need to know the days rented and the days it was not rented/fully used as your home after 2008.
See a couple of examples from the Sale of Home section in TurboTax.
Here are a few examples:
1. After owning and living in it for several years, you move out of your main home on August 1, 2024, and rent it out for a year before selling it. The time it is rented out doesn't count as "nonqualified use" because it is AFTER being used as a principal residence.
2. You purchase a vacation home in 2008. It is not rented or used as a principal residence until August 1, 2024 when you move into it and make it your main home. A couple of years later, when this home is sold, the amount of time the property was not a main home after December 31, 2008, is considered "nonqualified use". In this example, the property was a vacation home between December 31, 2008, and July 31, 2024, and none of the exceptions apply, so that time must be considered "nonqualified use".
@hno4
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