Lastest Short Sale News

IRS Letter To Senator Boxer On Short Sales Not Good News For Everybody
A recent IRS letter to Senator Barbara Boxer concerning the income tax implications of short sales by California homeowners seems to be provoking unqualified celebration. This headline – IRS Will Not Penalize Cali Families Losing Homes To Short Sales …
Read more on Forbes

Realtors give 0k to California Dems and shortsale dispute ends
The IRS letter has not been released publicly but, in a recent press release, Boxer said the IRS made it clear that “families will not face a burdensome tax penalty just as they are trying to rebuild their lives with a short sale.” Runner praised the …
Read more on Sacramento Bee

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