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Daily Archives: November 8, 2012

Tax break for homeowners set to expire

Posted on November 8, 2012 by project
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NEW YORK (CNNMoney) — By Les Christie The clock is ticking on a tax break that saves struggling homeowners from paying thousands of dollars to the IRS. If the Mortgage Forgiveness Debt Relief Act of 2007 does not get extended … Continue reading →

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Posted in Foreclosure Defense, Foreclosure News, Housing Market, Mortgage Relief | Tagged deeds-in-lieu, DIL tax consequences, mortgage foregiveness tax break, Mortgage Forgiveness Debt Relief Act of 2007, short sale taxes, short sales | Leave a reply
IMPORTANT : PLEASE READ * * * Mortgage Relief Project is a consumer advocacy outreach that provides homeowners with valuable news and resources. We also provide homeowners with access to established and experienced nationwide attorney representation for foreclosure defense, loan modification, and comprehensive mortgage representation. Mortgage Relief Project is a privately sponsored consumer outreach. We do not give legal advice or accept payments from consumers for services. * * * WE ARE NOT A GOVERNMENT AGENCY, OR AFFILIATED WITH ANY GOVERNMENT AGENCY OR PROGRAMS. * * *

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