Would you sell your LTR after 27.5 years ?

[Sinjin Lee]

Hello everyone,

I know this is a strange question but I am in an interesting predicament and would love others' opinion. I currently own a rental property that is bringing in consistent cash flow. It is however nearing its 27.5 yr depreciation lifespan. I am debating whether it is still worthy to keep renting it out after that point or should I 1031 exchange it etc. FYI the mortgage is already paid off on this property. 

Looking forward to your responses.