Or does the replacement home definitely have to be bought after the total loss of our primary residence? I can’t find the law about this.
The second home is now our primary residence. I need to receive my extended replacement cost on my destroyed home and hate to buy another property if I don’t need to.
I don’t know whether this matters, but I obtained this second property partly as inheritance and partly with my own added funds to pay for it. It is much more expensive than my destroyed primary residence.
Thank you very much for any information about this!