capital gains on Primary

[Andy Pillinger]

Hello all,

I am going to sell my house/primary residence in a year. After all tax deductions 15% capital gains will work out in the region of $50,000 to $60,000. I have read that you are not able to use the 1031 on primary residence so is there anything else I can do.?

 PS I have already taken all large standard deductions off like realtor fees, rehab/improvement costs, 250K as a standard deduction as i'm single etc. Any advise or legal work arounds I would be very grateful. Many thanks.

Regards

Andy