Showing posts with label tax implications after short sale. Show all posts
Showing posts with label tax implications after short sale. Show all posts

Monday, March 26, 2012

Short Sale or Foreclosure and Your Taxes

Take a look at this article for some good information about what can happen to your taxes after a short sale or foreclosure.  You should always contact your tax professional for personalized tax advise.
http://rismedia.com/2012-03-11/what-you-need-to-know-about-cancellation-of-mortgage-debt/