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Author: flred61 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121182  
Subject: Tax sheltering Stock Options... Date: 1/21/2000 5:32 PM
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Hi there,

About two years ago, my company gave me 2,500 stock options. A few months ago the stock split, giving me 5,000 shares...

I plan to sell just enough shares to pay the 30% taxes on what I sold, and still have enough left over to buy the remaining shares. I plan to keep these remaining shares for 12 months, so I can cash out under the "capital gains" tax... (First question -- does this sound like a good idea?)

After I hold onto the remaining shares for 12 months, I plan to cash out and buy a new home for my wife and two kids. (Second question -- can I tax shelter the capital gains tax with the purchase of real estate?)

I hope all that makes sense -- I'm sort of new to stocks, and I don't quite know all the lingo... :)

thanks for your help,
Guy
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