Tax Consequences
Orlando Short Sales - Do I Owe Money After I’ve Done a Short Sale?
Wednesday, October 1st, 2008
Will I owe the bank money after the short sale is accepted?
If you are able to negotiate a price and buy it for less then I owe, will the bank come after me for the difference?
When the lender or bank accepts a short sale on the property for less than what was owed, then a […]
Tax Consequences on your East Orlando Short Sale, Waterford Lakes or Avalon Park
Wednesday, September 3rd, 20081. First and foremost I would always recommend anyone considering a short sale in the Orlando area to talk to your tax advisor first.
2. I posted in my FAQ’s on short sales the following:
Is the seller going to get hit with a tax bill or a 1099 if you do a short sale?
Upon successfully closing […]