Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 4 Nov08 Interest Rate & Payment

Written on August 28, 2009 – 5:26 am | by admin |

Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To http://RealEstateMarketingThisWeek.com Part 4 (Excerpt) 1099 C is for Cancellation of Debt Income Only, not for Interest Rate and Payment Reduction So for people who find themselves in a very difficult situation [...]

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Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 4 Nov08 Interest Rate & Payment

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