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All posts tagged Mortgage Debt Relief Act
The California Association of Realtors (CAR) is lobbying to reinstall California’s expired mortgage debt forgiveness tax relief, which expired Dec. 31, along with the federal version.
Congress passes fiscal cliff bill with mortgage debt forgiveness tax relief, home-related tax benefits intact
The U.S House of Representatives followed the U.S. Senate vote, passing the fiscal cliff bill as drafted by the Senate. The House voted 256 for, 166 against the
Senate fiscal cliff bill retains mortgage cancellation relief, home-related tax benefits; House stalls for spending cuts
NATIONAL ASSOCIATION OF REALTORS - Tax rates would remain the same for most households and mortgage cancellation relief is extended in a budget package passed by the U.S.
When U.S. Congress reconvenes today on Capital Hill, the Mortgage Debt Relief Act (MDRA) of 2007 will be on the docket for a shot at an extension through
Strategic defaults are on the rise. They occur when the homeowner decides, for whatever reason, enough is enough and they stop paying their mortgage - even though they can
More cash rich investors, with a growing penchant for short sales, are energizing the housing market. All-cash sales rose to 33 percent of transactions in February from 31 percent
The Mortgage Debt Relief Act (MDRA) of 2007 is getting a vote of confidence from the Obama Administration. And that could save you tens of thousands of dollars. (Update: "Congress
Short sale, foreclosure, other debt forgiveness beyond 2012 could cost you tens of thousands of dollars
It may not be the end of the world, but in 2012, when the Mortgage Debt Relief Act (MDRA) of 2007 expires, it will end one of the
Talk about tax shelters. When it comes to paying your dues in Club America, your home likely provides the best discount going. Your home offers more tax relief than any
Your home is more than just a shelter from the elements. It's also a tax shelter -- about a dozen times over. Here's an introduction to the 12 most common
Effective January 1, 2008, the "Mortgage Forgiveness Debt Relief Act of 2007," says, for those eligible, no taxes will be owed on any mortgage debt on a principal