Tax taSelling Two Primary Residence Within A Year. Military. Tax.

[Tariq B.]

Greetings! Happy New Years!

Question for the tax pros or people much smarter than I.

I am in the military, active duty. I rented my previous primary residence for a couple of years after I moved on orders. As it was my primary I can sell it without paying any capital gains. Which I did. I sold the property back in Nov 2020.

Now I have orders again to move and I want to sell the property I live in now. I have lived in this property for 2 of the last 5 years. So it should qualify for no capital gains tax as well.

However I read in the IRS code you can only claim a tax free sale every two years.

Does anyone know if this applies to military too? Or is there a loop hole because the gov is forcing me to move?

My strategy would be to rent it out for the next two years to let that time pass if there is no loophole. I just wanted to sell it now as the margins are not great as a rental.

Thank you in advance.