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People who have lost their homes through foreclosure or who have restructured their mortgage loans may qualify for tax relief under the Mortgage Forgiveness Debt Relief Act. ... Read Article
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Due to the Mortgage Debt Relief Act of 2007, you are NOT required to pay taxes on this money if you short sale your primary residence prior to 2012. Consult your accountant with any other questions The Mortgage Forgiveness Debt Relief Act (Bill # H.R.3648) ... Access Full Source
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Mortgage Forgiveness Debt Relief Act of 2007, P.L. 110‐42, 2007 HR 3648. • The new law is known as the Mortgage Forgiveness Debt Relief Act ... Document Viewer
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Suzy explains the past tax consequenses of a short sale and how the new "Mortgage Forgiveness Debt Relief Act of 2007 H.R. 3648" helps people on home loans under the Mortgage Forgiveness Debt Relief Act of 2007 up to $2 million if the debt is discharged from 2007 through 2012. ... View Video
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