Using profits from flip to purchase a primary residence

[James Alt]

I have a property that I'm flipping and am hoping to use the proceeds of the sale towards a down payment on a primary residence. Do I avoid taxes on the money I make from the flip by doing this? 

I understand that I can't do anything related to a 1031 exchange being it's a flip and I'll only be owning the property for a few months.

Thank you!