Tax Ramifications... Need advice

[Ian McDonald]

So I have a primary residence that I am converting to a rental so that we can purchase another primary.  What kinds of tax ramifications will I see if I sell the property?  Is there a timeframe where its better or worse to make that decision? 

I understand that I am taxed on my cash flow as income and that I can use depreciation and certain expenses to my benefit but I am by no means a tax expert.  Suggest speaking to a real estate attorney?

Thanks,