Mortgage Debt Tax Relief Extended (Take action, don’t delay)

Old news worth repeating. The Mortgage Cancellation Relief was extended to Jan. 1, 2014. The tax break allows homeowners considering short sales, principal reduction programs or facing foreclosure to avoid paying taxes on any debt owed to the bank. Are you struggling with your mortgage payments? Any of the above apply to you? Take action today. Don’t delay.

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Sources: http://www.realtor.org/articles/real-estate-provisions-in-fiscal-cliff-bill Mortgage Debt Tax Relief Extended.

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