Other financial discussions

You will need to compute the capital gain and depreciation recapture. 

Depreciation recapture is reported as Ordinary Income

Profit over that is capital gain. Since it was converted to personal use, there can be no loss. 

Example-

Purchased for 200,000

Depreciation taken (or could have been taken) 50,000

Sold for 300,000

Adjusted basis is 150,000

Depreciation recapture is 50,000

Capital gain is 100,000

Since this was no longer being reported as a rental activity, enter it under

Wages & Income

Business Items

Sale of Business Property START

Select "Sales of business or rental property that you haven't already reported"

Enter the "Sales of Business or Rental Property" on the following screen 

(this includes depreciation) 

Select the second option "Real estate that I took depreciation on"

Continue through this interview

The depreciation recapture will be reported as Ordinary Income 1040 line 8

Capital gain on 1040 line 7