Capital Gains Tax

[Bridgette Valeron]

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?