What are the Tax Consequences of Residentail Foreclosures & Short Sales?

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While tax consequences may be the last thing on the mind of homeowners facing a residential real estate foreclosure, they play a role in the bigger picture and should be part of the decision process. What follows is a simple discussion of Three Aspects of personal income tax factors that should be considered.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© James J. Falcone, Law Office of James J. Falcone | Attorney Advertising

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