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Updated over 14 years ago on . Most recent reply

Ibrahim Hughes's profile image
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Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
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Ibrahim Hughes's profile image
Ibrahim Hughes's profile image
Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
Connect
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
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Foreclosures

Tax Implications of Short Sales?

Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Posted

Confirming that (generally speaking) a property owner will likely have to report any cancelled debt from a short sale as income? Any way around this if true?

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