Short Sale Tax Break Extended

Short Sale Tax Break Extended

A short sale is an option for the homeowners who are burdened with underwater homes or mortgages they cannot afford to get on track financially again. However, the short sale itself is not the end of the road. You can still have a deficit balance or an unsecured...
Mortgage Debt Forgiveness Act extended!!!

Mortgage Debt Forgiveness Act extended!!!

Special Real Estate Report Short Sale and Mortgage Insurance Benefits Homeowners are among those who will benefit from a $760 billion tax deal that was signed into law in December. The deal includes two very important tax breaks for those who own homes. The law...
Short Sale Tax Implications 2014

Short Sale Tax Implications 2014

Property values may rise and fall periodically due to fluctuations in the market and other factors. Because real estate values can decline in any market, there are some situations when an individual needs to sell a property quickly but may be upside down with a...