Tag Archives: short sales taxes

The lawyer killed the deal! (or did she?) -Part 9: Taxes

By Ben Pargman | Published: July 17, 2009

If the property is the seller’s primary residence, debt forgiveness income will not be considered taxable income up to the amount of the purchase money mortgage.

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The lawyer killed the deal! (or did she?) -Part 8, Title Standards

By Ben Pargman | Published: July 16, 2009

Like I’ve said before, so many lawyers (and other real estate professionals) simply DON’T UNDERSTAND Short Sales, so their knee-jerk reaction is to advise against them, even when the Short Sale would save the homeowner from a disastrous foreclosure.

Posted in Breakthrough, Breakthrough Event, Current Blogs, Lawyers, Short Sale Breakthrough, Short Sale Laws, Taxes | Also tagged , , , , , , , , , , | Leave a comment
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