Posted by Rich-CA on January 17, 2009 at 08:52:20:
This only delays taxes, it does not erase them. The only ways to avoid taxes are either to not make any money or the put the funds into an investment that has a tax exemption. If you are really asking if there is a way you can keep the cash without paying taxes, the primary residence sale is the only one I know of, but you can be sure its as little as the government thinks it can get away with.