Updated over 9 years ago on .
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Capital Gains Tax
I am moving out of the house that I have owned (conventional loan) and lived in for the last 9 years and I'm debating renting vs selling. I would like to hold on to it and generate some cashflow, but I was curious how capital gains could be applied if after renting the property for a few years, I decide to sell. I don't want to rent the house, then erase the income I generate by having to pay capital gains tax -- is that a risk? Are there other questions I should be asking?