The Mortgage Forgiveness Debt Relief Act Has Been Extended Until January 2014!

This has been much anticipated and will help many sellers avoid taxes on the forgiven debt related to a Short Sale. The Mortgage Debt Relief Act has been extended through January 2014.

 

This is great news for folks needing to do a Short Sale.

 

Check out the IRS link below!

http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation