debt

10 Facts About Mortgage Debt Forgivness

Canceled debt is normally taxable to you, but there are exceptions. One of those exceptions is available to homeowners whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012. Here are 10 things you should know about Mortgage Debt Forgiveness. 1. Normally, debt forgiveness results in taxable income. However, under the …

10 Facts About Mortgage Debt Forgivness Read More »