Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts

Monday, May 16, 2011

Mortgage Debt Forgiveness and the IRS

Homeowners whose mortgage debt is partly or entirely forgiven during the tax years 2007-2012 may be able to claim special tax relief and exclude the dept forgiven from your income according to the NVAR. You should seek the advice of a tax professional to see if you qualify.  You can find out some of the facts by visiting: http://goo.gl/Yzd4t.

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