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    on a short sale do you have to claim the difference as income

    0  Views: 264 Answers: 1 Posted: 14 years ago

    1 Answer

    During the Bush era, owners of a primary residence who went through a short sale were exhonerated from paying the difference. The law was passed to go through 2012.
    ALWAYS check with your legal counsel or tax preparer when you have a financial question. Good luck!


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