The Mortgage Forgiveness Debt Relief Act and Debt Cancellation Expiring in December 2012 Extension Expected

Posted by & filed under All-communities, Central Valley Real Estate, Short Sales.

There was been much speculation regarding the extension of the tax relief for Central Valley distressed homeowners beyond the December 31st expiration date. Everything I read indicates that an extension is expected but given the turmoil in D.C. no one knows for sure. I discussed the situation with my accountant and he pointed out that […]