Scottsdale and Phoenix Arizona Real Estate Blog, presented by Tony and Suzanne Marriott of BVO Luxury Group @ Keller Williams Arizona Realty.
ARCHIVED BLOG POSTS
The Mortgage Forgiveness Debt Relief Act is still set to expire on December 31, 2012. For those underwater homeowners who sell their home (or lose it to foreclosure) come January 1, 2013, without another extension to the Act, they could face tax consequences on the "forgiven debt". How's that for...