The Mortgage Forgiveness Debt Relief Act Of 2007
Is this now law?
I understand that this act will allow a homeowner not to pay taxes on any debt forgiveness that they receive, however does anyone know the exact details?
I understand that this act will allow a homeowner not to pay taxes on any debt forgiveness that they receive, however does anyone know the exact details?
Comments(0)
Here you go:
http://www.whitehouse.gov/news/releases/2007/12/20071220-6.html
John (LV)