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Tax Consequences of a Foreclosure, Short Sale, or Deed in Lieu of Foreclosure

I have done a fair amount of research into the potential tax consequences of a Short Sale, Foreclosure, or Deed in Lieu of Foreclosure. There seems to be a lot of confusion about it, even among CPAs and other tax professionals. Hopefully this will clarify things a little bit. DISCLAIMER: I am not a CPA […]

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