Need to file Oregon non-resident tax return if sold home recently converted from primary home to investment property?

According to oregon pub 17, for non-residents with rental property in Oregon, you don't have to file an Oregon return if:

1. Your only Oregon-source income is from rental property, and
2. You have a loss from the rental activity for the year.
3. However, you must file Oregon returns for all applicable loss years if:

• You later sell the rental property in a fully-taxable transaction;
• The sale results in gain that would otherwise be taxed by Oregon;
• You have suspended passive activity losses from the rental activity;
•  You are deducting your suspended losses from that gain on your federal return

I would still file the return, just to be safe even if the income level does not reach the $4700 threshold.

[ Edited 02/04/22|02:48 PST]

Thanks for the quick reply and the link to Or-17. I had gotten the $4,700 value from the table (Table 2) just above that section, which was on the "Do I Need to File?" website. I had not seen the full list or rules that you sent, which seems to supersede that. I think we will have a net loss for the year as we had to make some improvements due to pet damages that weren't fully covered by the security deposit, and the sale wasn't a fully taxable transaction due to the capital gains exclusion, so it seems we may be exempt. 

Yes. I sent a revision in my last post. It does appear if you have a net loss from rental activity, then you don not have to file. If you have net income, I would file just to be safe.