Need help verifying of something....

RightIsWrong

Diamond Member
Apr 29, 2005
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I have a vague recollection that any proceeds made from the sell of stock to purchase a primary residence were "tax exempt". Can anyone verify one way or the other if this is factually correct?

Oh, not sure if this will make a difference or not, the stock was not part of any employee stock purchase plan (all paid for one my own).

Please advise.