Need help with understanding 1031

[Sabrina Martinez]

So my assumption with a 1031 exchange is that if you have a primary residence and you sell it before your two year mark, I thought you could just roll any equity into your next primary as a 1031 to avoid capital gains, but now I’m hearing that you would be taxed for capital gains if you sell your primary residence before 2 years no matter if you roll your equity into another property or not. Can someone please help clarify all this a bit for me?

[Tom Fidrych]

Since the primary residence isn't an investment property, it wouldn't allow you to 1031 the sale.