relief: Short Sale Tax Foregiveness Bill signed - 12/21/07 12:38 PM
President Bush signed into law today a new measure giving tax breaks to homeowners who have mortgage debt forgiven. Under preexisting law, the debt forgiven by a lender, such as for short sales and refinances, was generally taxable to the borrower as debt discharge income. With the passage of the Mortgage … (6 comments)

 
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Gene Wunderlich - Realtor®, Government Affairs Director

Temecula, CA

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Southwest Riverside County Association of Realtors

Office Phone: (951) 894-2571

Cell Phone: (951) 205-1911

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