Tax breaks on short sales
http://www-myoffers.com/ Suzie Orman talks about tax relief you are entitled to when you sale through a short sale. In the video it is discusses that you do not owe income tax of the loan forgiveness from a primary home bought or improved between the 1st of January 2007 and the 31st of December 2009.
She also talks about private mortgage insurance that is paid by those earning under a hundred thousand a year income, this private mortgage insurance is tax deductable. And many more tax breaks are covered.
For information on short sales and avoiding foreclosure look at your options at http://www-myoffers.com/
Duration : 0:3:20
http://www.foreclosure
Short Video on Foreclosure Auction/Trustee Sale in Southern California. We have a lot of competition these days and lots of investors with all cash – buyers at the Auction. Hope you enjoy this short video. Apologize for the sound and the movements…as I am using a smal
>In the series, How Low Can You Go, Contributor Vera Gibbons spoke to Chris Wragge about finding great deals on foreclosed homes.
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