Tuesday, September 30, 2014

Short Sale Irs California Mortgage Debt Relief Act Extension To

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And “Mortgage Debt Cancellation Relief Act HR 3648”; give you a 1099-C for the amount lost in the short sale. See enclosed IRS form 982 prior to deciding on your “Can the lender seek a “deficiency judgment” for the amount short? Not in California since California does not ... Read Content

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Largely brings California into conformity with the federal Mortgage Forgiveness Debt Relief Act of 2007 for discharges that occur in tax years 2007 through 2012. It "short sale," or loan modification. However, for California purposes, Search for mortgage debt relief. IRS.gov ... Return Document

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