As part of the fiscal cliff final bill, Congress has extended the Mortgage Debt Relief Act, which was set to expire on January 1, 2013, until January 1, 2014. The folks over at DSNews.com reported the story yesterday.
Struggling homeowners who are considering a short sale or modification will be eligible for tax relief in 2013.
The “fiscal cliff bill” passed by Congress on January 1 included a provision to exclude borrowers from paying taxes on debt forgiven through a ...
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