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TAX BREAK FOR MORTGAGE DEBT FORGIVENESS - 12/21/07 11:00 AM
TAX BREAK FOR MORTGAGE DEBT FORGIVENESS 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 Forgiveness Debt Relief Act of 2007, a taxpayer does not have to pay federal income tax on debt forgiven for a loan secured by a qualified principal residence.This tax break applies to debts discharged from January 1, 2007 to December 31, 2009. Qualified principal residence
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BY FAR the BEST VIEWS IN SAN DIEGO! - 12/08/07 01:52 PM
NEW LISTING! One of a Kind Luxurious Residence! NOT IN THE MLS! You will not find a view that compares to this in Downtown or Banker's Hill. Breathtaking views from every room and over 1000 square feet of outdoor terraces. Where else will you find this much outdoor space? There is a private terrace off the master bedroom, another off the kitchen and another massive wrap-around deck with plenty of room for outdoor dining and entertaining. SEE IT HERE: http://armstrong.vflyer.com/11/index.html This Residence encompasses the entire 13th floor on the South Side. As soon as you walk-in, you will notice the beautiful cherrywood
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Todd Armstrong
San Diego,
CA
More about me
Woods Real Estate Services
Address: 930 W. Washington St, Suite 1, San Diego, CA, 92103
Office Phone: (858) 229-8752
Cell Phone: (858) 229-8752
Email Me
I offer information on the San Diego real estate market, buyer and seller concerns, tips and marketing ideas to other Realtors, New Listings in San Diego and much more. Specializing in the Metro areas of Mission Hills, Hillcrest, North Park, Downtown and University Heights.
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