Read all about it at Important Tax News Could Save You Thousands
Watch our January 2102 SW Florida Real Estate Market Report
Search SW Florida MLS for Free
Friday, January 13, 2012
Tax Changes Coming Could Affect Sales in SW Florida
Did you know that beginning January 1, 2013 the IRS will begin taxing forgiven debt on short sales and foreclosures as taxable income? They will. This is how it used to be, but in 2007 the Mortgage Relief Act alleviated this for sales of primary residences.
Read all about it at Important Tax News Could Save You Thousands
Watch our January 2102 SW Florida Real Estate Market Report
Search SW Florida MLS for Free
Read all about it at Important Tax News Could Save You Thousands
Watch our January 2102 SW Florida Real Estate Market Report
Search SW Florida MLS for Free
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1 comment:
Did the price change took effect already? How did it affected the housing market and value in the state?
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