I thought I would start a new thread, since this question is best not buried in another.
If I have a rental house and have been claiming depreciation, and then stop renting the house and use it as my personal residence for at least 2 years, and then sell it and wish to claim the homeowners exemption:
then, is the lowered basis due to the depreciation subject to recapture, or can that be used as part of the exemption amount?
thanks.