1. Purchased my first primary home (home#1) in June 2013.
2. living in home#1 last 6 yrs.
3. Would like to buy home#2 in 2020 and move to home#2
4. keep home#1 and possibly rent out.
5. what would be status of home#1 after I buy home#2? will home#1 be converted to
rental home?
6. Want to come back in home#1 in 2025 and stay for 2 yrs before I sell home#1.
7. Will I be able to avoid capital gain tax from selling home#1 in this scheme?
Thanks in advance!!
