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Wednesday, February 24, 2010

Short Sale and the tax ramificaitons

Here is a link from the US government regarding loss due to short sales - know that you MUST do some tax planning before the sale is complete - so you are not caught in another financial bind you did not see....

http://homebuying.about.com/gi/o.htm?zi=1/XJ&zTi=1&sdn=homebuying&cdn=homegarden&tm=79&f=00&tt=13&bt=0&bts=0&zu=http%3A//www.irs.gov/individuals/article/0%2C%2Cid%3D179414%2C00.html

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