|
|
arizona short sale: Taxes after Arizona Short Sale
- 10/25/12 04:02 AM
Information provided by www.ShortSaleArizona.com There may be tax ramifications to an Arizona Short Sale but every situation is unique. You may have heard, “Don’t do a short sale because you will get a 1099 and have to pay taxes on the difference between what you owed on your home and what you sold it for or the amount the bank wrote off.” This may be true, but this is not the whole story. If you borrow money from a lender and the lender later cancels or forgives the debt, you may have to include
(0 comments)
|
|
|
|
|
|
|
|