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Mortgage Debt Forgiveness & Tax Consequences
March 26, 2013
If your lender cancelled or forgave your mortgage debt in 2012, the debt forgiveness generally results in taxable income. Yet there is some tax relief for those who qualify.
March 26, 2013
If your lender cancelled or forgave your mortgage debt in 2012, the debt forgiveness generally results in taxable income. Yet there is some tax relief for those who qualify.
