Explore Santa Susana, CA

By Audra Camacho
(Keller Williams Exclusive Properties)
Comments 1
TAXATION OF SHORT SALES Q 9.  What are the tax implications of a short sale?A A short sale where the lender agrees to reduce some or all of the outstanding debt may give rise to forgiveness of debt income (also called "cancellation of debt" income).  The amount of the debt that the lender agrees ...

Santa Susana, CA Real Estate Professionals