Does anyone know whether the law that allows the sellers on our short sales not to have to pay the loss reported on the 1099 they get after the closing of their property if it was their primary residence?
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Comments
http://www.irs.gov/individuals/article/0,,id=179414,00.html this is good information about the Mortgage Debt Relief Act of 2007 It is part of this great article I found written the beginning of 2013
Here's a good article about this: http://activerain.com/blogsview/3504526/realtor-call-to-action-forg...