GOV’T APPROVED: Tax Free Modifications and Short Sales

Mortgage Workouts Now Tax-Free

This will help homeowners whose mortgage debt was partly or entirely forgiven about a special tax relief provision. These homeowners may be eligible to exclude the amount forgiven from their taxable income. *********Read about who and what qualifies by downloading this brochure from the IRS.

Originally published in Blog on 7/8/2009

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