Krystal Lee Whaley's Blog (1)

Short Sale and the 1031 Exchange

 Cannot seem to get a direct answer on this. Anyone done one of these?

If a client bought a home through a 1031 exchange a few years ago and is now short selling the home.....Are they still eligible to use the Mortgage Debt Relief Act and get out of the Income Taxes on the deficiency?

Added by Krystal Lee Whaley on May 2, 2012 at 11:01am — No Comments

Most Popular Blog Posts

Monthly Archives

2012

Members

© 2024   Created by Short Sale Superstars LLC.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************