Short Sale from Tax Perspective – Myth vs. Truth

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Short sales do have tax consequences and we don’t want to hide that fact. It important for anyone in the short sale arena to make sure the seller seeks advice and counsel on their tax consequences.

We want to point out that if you counter-sue with a Quiet Title, the settlement is considered “tax free” so there would be no tax obligation.

Short Sale From Tax Perspective – Myth vs. Truth

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