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tax (2)

Debt Forgiveness Ends at End of 2012 Then What?

At the end of 2012 debt forgiveness on the amount written off by the lender goes away. So if you have a loan for $500,000 and $250,000 goes away in a short sale, you now do not pay taxes on the $250,000 that was forgiven by the bank. This law expire

State Incentives

If your state offered a tax rebate/credit or closing cost assistance do you think that would be a boost to real estate or a hinderance?

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Debt Forgiveness Ends at End of 2012 Then What?

State Incentives

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