Avoiding Capital Gains Tax

[Tyler Wagner]

Hello!

I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side as well. I am thinking about the idea of selling my current house later in the year and will own only the duplex.

I am curious if anyone has some insight into how the capital gains taxation would work since the house I might sell will no longer be my primary residence. Are there strategies to avoid this? Thanks!