Thank you for your response.
I now understand that Section 179 does not apply to my rental property. However, I still have a question on the depreciation taken over the years while this was a rental property. Please note that this property was not sold. As I explained earlier, it was converted to personal use in 2021 when I made it my primary residence.
Q1. Do I need to pay back to IRS any amount due to depreciation taken over the years or is this handled when I eventually sell this house in the future?
Q2. I have already answered the TT interview question that indicated it was converted to personal use. I have also made sure my income and expenses are only up to the date when it was converted to personal use. What else do I need to do in TT to ensure I have properly accounted for this conversion?
