Sean626, have you lived in your co-op as your primary residence for the past two years? (More precisely, for 24 out of the last 60 months.) If so, almost certainly you have no exposure to capital gains taxes unless you are a rich guy. You can exclude $500,000 of gain if you are Married Filing Jointly, and $250,000 if Single. See Page D-3 of your Form 1040 instructions for 1998.
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