Short sale tax forgiveness has expired

Short sale tax forgiveness has expired. If your house is “under water” you need to read this. The general rule of tax law is that debt forgiveness is income—if I lend you $1,000 and then say you don’t have to pay me back, you’ve made $1,000. And you’re subject to tax on that. That matters […]The post Short sale tax forgiveness has expired by Robert Weed appeared first on Robert Weed.