Folsom Short SaleTaxes; Saved By Fiscal Cliff?
[caption id="attachment_5921" align="aligncenter" width="295" caption="Folsom short sale specialist explains Short Sale Tax Relief"][/caption] Folsom Short Sale Specialist explains how: Fiscal Cliff Helped Folsom Short Sales? How did the Fiscal cliff help Folsom homeowners? Upside-down homeowners in Folsom now owe no taxes on their Folsom Short Sale! Folsom Homeowners who do short sales — selling their homes for less than they owe to the bank — got a break when a deal was made in Washington on the fiscal cliff. Folsom short sales won’t owe Federal taxes to the IRS on the difference between the sale price and the loan debt. (Which was the case before 2007) because the Mortgage Forgiveness Debt Relief Act was extended. Read more here at: Folsom Short Sale Specialist Announces Debt Relief...
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