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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (74632)3/23/2007 7:17:31 PM
From: jpk1Read Replies (1) | Respond to of 306849
 
Only in the first instance would there be any possible tax implications. Whatever amount, below that which you owe, that the bank agrees to purchase the property from you, would be income.