This will remove Schedule E for that property from your return.
No, it will not remove the SCH E from your 2019 tax return. The only option that will *force* you to *incorrectly* remove the SCH E from your tax return, is if you select the option for "I did not rent or attempt to rent this property at all in 2019". If you select that option and remove the SCH E from your 2019 tax return, *you* *are* *screwed*.
If you maintained the SCH E on your 2018 return and it was transferred to your 2019 return, the simplest thing to do is to show you converted it to personal use on 1/1/2019 and removed the assets from service on that same date. Of course, you won't be able to claim jack squat for rental expenses, and that would in fact, be the correct thing to do.
But the "real" correct way to do this is to amend your 2017 tax return and show the conversion to personal use as starting the first day *after* the last renter moved out. That will be the same date you will use in the assets section to stop depreciation.
If done correctly, your 2017 property taxes and mortgage interest will be split between the SCH E for the period of time it was a rental, and SCH A for the period of time it was personal use. Your property insurance paid in 2017 will have to be manually pro-rated by you so you claim on the SCH E only the amount for the period of time it was a rental. Insurance for the period of time it was not a rental is flat out not deductible anywhere on the tax return.
All other rental expenses can only be claimed up to the date of conversion to personal use.
