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What is the Mortgage Forgiveness Debt Relief Act of 2007

Monday, November 24

The greatest concern for most homeowners contemplating a short sale is the tax consequences associated with forgiven debt. Here's the IRS's position on the Mortgage Forgiveness Debt Relief Act of 2007... The Mortgage Forgiveness Debt Relief Act of 2007 was enacted on December 20, 2007 (see News R...