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Articles relating to "Short Sales":

House nearing vote on 1-year package of tax breaks (12/2/2014)
The bill, if passed, also needs Senate and Pres. Obama approval. If it gets through, it would extend tax forgiveness to owners who sold via a short sale in 2014.

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.