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Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Money Management > Loans > What is the effective date of HR 3648 The Mortgage Forgiveness Debt Relief Act of 2007 that was signed by president Bush on 122007 Has congress given it an effective date? ... View Video
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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
Mortgage Forgiveness Debt Relief Act of 2007 (H.R. 3648) In 2007, under the Bush Administration, a major federal tax program to help homeowners in distress was enacted, called the Mortgage Forgiveness Debt Relief Act (H.R. 3648). 2013. Remember, ... Fetch Document
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Because of the tax code called Cancellation of Debt Income (CODI). As Wikipedia puts it reasonably well: HR 3648 solving this problem not by exempting the income from tax The White House supports the tax measure but wants the mortgage relief to be in effect for three years, ... Read Article
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The Mortgage Forgiveness Debt Relief Act and Debt Cancellation . If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. ... View Video
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H.R. 3648
CONGRESSIONAL BUDGET OFFICE COST ESTIMATE January 25, 2008 H.R. 3648 Mortgage Forgiveness Debt Relief Act of 2007 As cleared by the Congress on December 18, 2007, ... Read More
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