Learn About The Short Sale Option For Your Home


The numbers are only getting worse, according to The Center for Responsible Lending, every 13 seconds one house forecloses in the United States.

Income Tax After A Short Sale?

I could not afford the rental property I purchased when I was making more money and was advised to short sell the property, after I short sold the property I received a 1099 from the lender and had to include the amount I was forgiven as income on my 2008 tax return and because of my decrease in income, could not pay the taxes and now I owe income taxes. Help.

This is a good question, and one we are asked very often. Now, let