Suspended passive losses become deductible in the year in which there is a complete disposition of the property in a fully taxable event to an unrelated party. The fact that the losses remained suspended during the years of personal use does not erase them; the losses become deductible in the year of sale without regard to passive activity income.
Property subject to capital gain or loss treatment. Almost all assets you own are considered capital assets except for certain business assets or works you created.