Comments on: What is mortgage relief act? How will this effect a short sell on my house,I owe 160,000 house valued at? http://need-to-sell-my-house-fast.com/questions-answers/what-is-mortgage-relief-act-how-will-this-effect-a-short-sell-on-my-housei-owe-160000-house-valued-at/ News Views Guidance and Solutions to a Fast House Sale Sat, 14 Jan 2012 17:15:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Wagen http://need-to-sell-my-house-fast.com/questions-answers/what-is-mortgage-relief-act-how-will-this-effect-a-short-sell-on-my-housei-owe-160000-house-valued-at/comment-page-1/#comment-219 Wagen Sun, 11 Apr 2010 22:14:41 +0000 http://need-to-sell-my-house-fast.com/questions-answers/what-is-mortgage-relief-act-how-will-this-effect-a-short-sell-on-my-housei-owe-160000-house-valued-at/#comment-219 Suze Orman just appeared on Oprah discussing the mortgage relief act, and unemployment. For more info see below. http://www.xomba.com/suze_orman_oprah_gives_financial_layoff_advice Suze Orman just appeared on Oprah discussing the mortgage relief act, and unemployment. For more info see below.
http://www.xomba.com/suze_orman_oprah_gives_financial_layoff_advice

]]> By: Sunshine http://need-to-sell-my-house-fast.com/questions-answers/what-is-mortgage-relief-act-how-will-this-effect-a-short-sell-on-my-housei-owe-160000-house-valued-at/comment-page-1/#comment-218 Sunshine Sun, 11 Apr 2010 21:58:46 +0000 http://need-to-sell-my-house-fast.com/questions-answers/what-is-mortgage-relief-act-how-will-this-effect-a-short-sell-on-my-housei-owe-160000-house-valued-at/#comment-218 You likely won't have to pay taxes on it. The IRS speaks directly to that issue here, the debt is forgiven: http://www.irs.gov/newsroom/article/0,,id=174034,00.html http://www.thhf.org/blog/2008/10/mortgage-forgiveness-debt-relief-act/ You likely won’t have to pay taxes on it. The IRS speaks directly to that issue here, the debt is forgiven:
http://www.irs.gov/newsroom/article/0,,id=174034,00.html

http://www.thhf.org/blog/2008/10/mortgage-forgiveness-debt-relief-act/

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