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Articles relating to "Short Sales":

Short sales stall as Congress mulls tax extension (3/13/2015)
Without tax forgiveness, fewer owners consider a short sale – and a delay in extending the IRS break on lender-forgiven loan money hurts the real estate market.

2015 short sellers face familiar tax risk (1/5/2015)
Dec.’s Mortgage Forgiveness Debt Relief Act extension helps Americans who completed a short sale last year; however, that help does not extend to 2015 sellers.

How will recent election impact housing policies? (11/10/2014)
Things won’t change much, according to political analysts who spoke at this week’s NAR conference. Different ideologies will make it difficult to pass anything.

Still no short sale tax forgiveness this year (10/15/2014)
No change so far: Loan money banks forgive in a short sale will be taxed as income for 2014. That could still change if Congress acts, but it’s not a sure thing.