From rental to primary residence

[Dave Telford]

We have a rental home in Utah that we're considering selling in the next few years. It has 15+ years of depreciation and about $200,000 equity. We're considering moving into it for two years to save on the capital gains and hopefully, to avoid depreciation recapture.  

Some other factors - We are near to FI and our income is low (under 40K after deductions), as we're maxing out 401K and IRA retirement accounts and not working as many hours. We're not tied to a particular location, so don't have to live in that area. We'd like to buy a multi-family property with the proceeds, but we're not in a hurry to do so.

Anyone have thoughts on minimizing depreciation recapture and capital gains taxes by doing this?

Thanks