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Updated almost 10 years ago,
Very wishy washy question on taxes.
I wrote off a seller lead as he couldn't do terms on his house even though he was open to the idea. He said he was in his second year of his three years to save on taxes. He said he had to move back into his house so it wouldn't default on him. I didnt pry further but as I was driving home I thought maybe there was something more there that I could of worked with. Does anyone know of what he is talking about and if a contract to sell his house would extend whatever he was talking about until the closing date? thanks