some other considerations. should you sell your house you will be subject to depreciation recapture on all the depreciation you deducted over the years. which. you also have to be careful about converting it back to your personal residence and then selling because a portion of the gain could be attributable to non-qualified use and that portion of the gain would not be eligible for the home sale exclusion.
example bought 1/1/88
converted back to personal use 5/31/22
sold 1/1/23
total ownership 35 years (88-23)
nonqualified use after 2008 (1/1/2009 - 9/30/2016 (7.75 years) and 3/1/2020 - 5/31/2022 ( 2.25 years)
total period nonqualified use 10 years
sale price net of selling expenses $200,000
total gain $210,000 - $110,000 + $58740 (depreciation taken) = $158,740
$58,740 reported as unrecaptured 1250 gain
nonexcludable gain 10/35 * ($158,740 - $58,740)
