Per some research, there seem to be some issue with transfer of the new acquired property within 3 years of purchase.
Read: statement that says: "What are the consequences if a new house is transferred within 3 years? "
But there is another issue. gifting or inheritence is not considered as "transfer" per capital gains.
I am confused. Can I gift the newly acquired property using funds from previous property sale within the year after new purchase.
Thanks a lot for all the responses and help