You don't need to pay any tax on capital gains made from the sale of your principal residence. However, you do need to report the sale of your principal residence. And it gets a little more confusing when it comes to agricultural and farm property.
Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it. — Oprah Winfrey