Mortgage Cancellation Debt Relief Update

Congress failed to act before December 31st to extend the Mortgage Debt Forgiveness Act. NAR says now that it appears that Congress will most likely address individual tax provisions retroactively in 2014.  While there are still many procedural obstacles to overcome, NAR is confident Congress will move on an extension of Mortgage Cancellation relief.  AsContinue reading “Mortgage Cancellation Debt Relief Update”