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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: RockyBalboa who wrote (122202)5/11/2008 10:45:56 AM
From: Jim McMannisRead Replies (1) of 306849
 
RE:"I was shocked to learn that a "paper" gain from a successful RE short sale is a taxable income."

Tax on COD, cancellation of debt, was rescinded by Congress and is now yet another charge on taxpayers bill.

There is no end to the mess these greedy Clowns and wall street crooks threw on the people.
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