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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Bulls who wrote (7100)	8/28/2001 12:45:22 AM
From: Libbyt	Respond to of 23153

>In the past you were able to "trade up" without the gain being taxed. Can you still do this?< IMO you should talk to your accountant to find out the correct answer to your question. The first article I posted ended with this statement: "However, for those individuals who may have gains exceeding the new exclusion amount, careful review of their situation with their tax advisor will be necessary to determine the overall tax consequences of each particular situation." IMO, good advice that will probably save you money and time in the long run. Just FYI, this article goes into more detail about capital gains of a primary residence. smartmoney.com