The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
Friends,
Important News!
For homeowners who are considering a short sale, the Congress has extended the tax forgiveness act on balances that are forgiven by the lender.
The details are here from the IRS website: The Mortgage Forgiveness Relief Act and Debt Cancellation
Call if you have questions, or know someone who is in need of a short sale.
This relief is only good until January of 2014.
Now is the time to act with an agent who knows what to do!
Ciao for Now,
Amy
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