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I plan to sell my primary residence in 2014. It's clear for 2 of 5 years that it was primary - purchased in 1996. It's more than two years after my husband's death. There is more than $250k gain.

I have a secondary property I use - we bought it in Oct 2010. It was a rental property until July 2012. Can the two of five years begin on July 1, 2012 or do I have to have sold the other property first ?

I would like to sell both and buy something else but I am wondering if it behoove me to cool my jets and sell the first one and then wait until the second qualifies as primary(if it ever does).

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