Posts Tagged ‘Mortgage Forgiveness Debt Relief Act’


The Fiscal Cliff Deal: What’s in it for Investors?

The eleventh hour came and went, and with the clock ticking toward the twelfth, some lawmakers blinked, others stood firm, and by New Year’s Day, enough progress was made to halt the country's headlong rush toward the fiscal cliff. When the dust settled, some sectors of the economy won, while others lost. For the housing […]

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Mortgage Forgiveness: The End of Tax Breaks?

Among the various options offered to help distressed homeowners deal with collapsing mortgages and the resulting loss of houses and credit, the Mortgage Forgiveness Debt Relief Act is a little known break, freeing homeowners from a tax liability on mortgage debt forgiven by a lender. Unless extended by Congress, the Act expires at the end […]

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