Mortgage Forgiveness Debt Relief Act (Addendum)
Forgiveness of Mortgage Debt – Tax Implications In a previous post, nearly two years ago, we discussed the extension of the federal law that provided a huge benefit to homeowners… Read more >
Mortgage Forgiveness Debt Relief Act – Extended
Property owners working on short sales or other workout options are ordinarily subject to potential income tax upon the cancellation of debt related to the property, which is classified as… Read more >