1031 and defer capital gains for a primary residence

[Jaime Paniagua]

Hello,

Lets say you 1031 exchange into a new primary residence to defer 50k in capital gain tax. Subsequently, then sell the second primary residence after living there for 2 of the past 5 years and make 200k profit from the sale of the second home. Can you still take part in the benefit of not paying taxes on a capital gains up to 250K?

Thank you  

[Wayne Brooks]

Problem; you can’t 1031 into a primary residence.