22
Feb

FARM Letter: Shortsale and foreclosure sale discounts: common tax reporting mistakes

Use this FREE first tuesday FARM letter copy in your marketing! Have a topic you’d like us to write about? Email editorial@firsttuesday.us and let us know! Here are some simple guidelines for how and when to report shortsale or foreclosure sale discounts, called discharge-of-indebtedness income by the IRS and cancellation of debt by the Franchise [...]

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