Turning home into rental property - tax implications

[Rick Lucette]

hi Community,

We just moved out of our home (purchased a bit more than 4 years ago). It is in a convenient location that rents well and we would like to keep it as a rental property. 

I fully intend on educating myself on taxes and other implications but wanted to ask if there were any "catches" I should be aware of (for instance, property taxes will be coming at the end of the year, etc.). What bothers me a bit is the fact that we moved out half way through the year (tenants moved in on 06/24), so it's half own and half rental for this year. 

Thank you!