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Subject:  Re: stocks for down Date:  10/8/2001  2:36 AM
Author:  pmarti Number:  54453 of 132176

I have a few thousand dollars in stocks options that will become exercisable in Sept. 2002. I would like to use the sale of these stocks for a down payment on a house. Can this "income" avoid being taxed too much since it is being invested in a home sale?

You'll have to decide if it's being taxed too much, but there's no special tax treatment for this income because you're buying a house.

Phil Marti
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