The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: 10K a day who wrote (122188)	5/11/2008 10:40:47 AM
From: RockyBalboa	Read Replies (1) of 306849

Oh. When RE drew my interest I had no clue about short sales. So, I tried to draw an analogy to then well known short sales of common stock. I concluded, RE short sales are an element of the (bursting) bubble much like in a normal stock bubble. Alas. I was shocked to learn that a "paper" gain from a successful RE short sale is a taxable income.

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