More 3/26 Expressions

We moved from our last primary residence just over two years ago. We rented the place out because we weren't sure if we'd like our new area. Or perhaps because we became attached to it since it is the house associated with the birth of my daughter, we lived there for a long period of time, yada, yada. Property values have dropped a bit around here - but nothing like some "hot spots". Our renter moved out last month and the agency has been trying to find a "qualified" (one with a good credit rating and ability to pay) tenant since the beginning of the month. Today, I get a call and there is tenant interested in renting the place - but wants to buy it too. I am thinking we can sell it without any capital gains because we have not rented it out for more than 3 of the last 5 years. Not that there'd be much in the way of gains - but it would make it more ideal if there wouldn't be any taxes against it. I will be discussing it my husband tonight to see if there is price we'd be "happy" with - but than a price we'd be happy with - it would be the net sales price - I am not sure what the rental agent is thinking - but she deserves a commission - but, I am not willing to fork over 6%. Also, although we did some upgrades, and have kept the home well maintained, you never know what buyers' will ask for. So, somthing to think about indeed.