More Tax Implications of Foreclosures – Smartmoney.com

More Tax Implications of Foreclosures
Smartmoney.com
Bischoff: In Part 2 of a two-part series, we look at the little-known tax impact of a "nonrecourse" mortgage foreclosure. By BILL BISCHOFF A foreclosure occurs when a mortgage borrower defaults and the mortgage lender seizes the mortgaged property in


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