Tax implications of selling a rental property and buying primary residence

[James Gilson]

Good afternoon,

I have a single-family home that I am looking to sell. It is paid off and I have owned it for 2.5 years. I want to sell it and use the money to buy a primary residence.

I am wondering what the tax implications will be, such as capital gains, paying taxes on items that I have written off/deferred, etc. 

Any input is appreciated.