What is Foreclosure Fraud?
- Uncategorized
- agreement on government procurement
- July 21, 2026
Short sales add an additional layer of documentation, particularly to prove hardship. Sellers, be aware of the tax implications of a short sale. In most cases, the IRS treats canceled debt as income. If your lender forgives the $100,000 balance that you owed on your mortgage, the Internal Revenue Service will tax that $100,000 as income. Either way, it seems …
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