Blackhawk Homes for Sale

Open Homes, Real Estate, Short Sale & Foreclosure Homes

Mortgage debt relief act extension for short sales

Great news for homeowners! If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.

Read more here: http://www.irs.gov/newsroom/article/0,,id=205004,00.html

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Written by Real Estate Advisor

June 14, 2011 at 7:55 pm

Posted in Short Sales

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