Primary residence sale within 2 years

[Kaushik Sarkar]

Hi,

I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.

We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the sale of this primary residence property, since i have lived here less than 2 years?

Is there any guidance on how to save the taxes?

thanks