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« Underwater Mortgages - An Interview on Nightly Business Report | Main | Preview of Loudoun County Year End Real Estate Statistics »

August 30, 2009

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Comments

Katherine

Good one and very informative related to tax and is very useful in filing tax returns.

Thanks for the information

NRI Real Estate

Great!, i like it so much, thanks to post it.

VA Refinance

tax implications are a big when it comes to short sales so be very careful of how you do the transaction

Sho

With this last comment 'be very careful of how you do the transaction' can you provide more details on what you actually mean, or point me to a website where I can investigate further. I am in the process of doing a shortsale on an investment home - difference is $110K and obviously I want the best tax outcome for myself.

Team Aguilar

I'm glad that you have called attention to the taxes of short sales. It is often looked over when someone is making an investment, then there are problems with the outcome. I try to educate buyers on short sales through my site, http://www.teamaguilar.com/short-sale-taxes.html.

Philippines properties

Good analysis and great explanation of reasons and solutions.

Deirdre Gonzales

Richland Chambers Lake

Very useful post and clear breakdown of the publication. Tax implications is a important question for short sales and its great to have a way to clearly answer it to clients.

DFW Cash for Homes

Thank you for the publications and breakdowns, tax implications on short sales is valuable information for my clients.

San Antonio Real Estate

Good article and provided content I as a REALTOR was not even aware of.

Janney

It's nice to read posts like this as it makes those complicated real estate terms simpler and understandable. Thanks for sharing and keep up the good work. By the way, I know a real estate coach who could also help many in the real estate industry make money despite the current crisis.

Realtors

Very informative blog. I will bookmark this for future implementation with my Real Estate endeavors.

Primary Work at Home

Very informative. Upon reading your post I understand the whole system clearly now. Thanks!

Home Mortgage Kansas

Thank you for the post. This is about the easiest to understand explanation I have seen about short sales and taxes. It is not an easy process to understand for people, who are not familiar with this industry. Also thanks for pointing out that a Short Sale is canceled debt, this is a simple yet confusing point for many

Rudy McCormick

Great post, this will change again no doubt before the oafy burocrats figure it out.

va mountain real estate

I'm sure many homeowners would be affected by this news.

-Sam

philippine real estate

It was long ago since I visit your blog and its mhe again, visiting and reading along..

Deirdre G

Philippines properties

Your blog is very informative, I have learned so much from it. It is like daily newspaper :).

Paula M

Poplar Bluff Real Estate

How do Housing Authorities determine the amount of your housing choice voucher? I am a family of three, two boys 1 and 11.

pokemon emerald

Good stuff, It might just work, although it seems easier when you have a plan.
Anyway, what do you think about separate?
Sincerly

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short sales in maryland

This is a foolish query, I am definite, but if I sell short I am fundamentally borrowing the shares from somebody else through my broker. Assuming that the lender does NOT need the shares prematurely, what determines how long I can stay short? How long do I have before I am forced to cover my position? Is there any regulation? Is it basically dependent on when/if the broker needs them? Could I possibly stay short for an indefinite period?

socorro sultan

this post really makes sense. good information.

Marko

yeah!

http://www.mortgagereviewsite.com/

Accounting and Tax Service

Its really beneficial to the homeowner and the bankers who are dealing with this type of situations.I was not much familiar with the cancellation of debt but now i am clear with the debt.

rental homes

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I like to thank the author for this informative article , it gives a real idea about
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"

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