Short Sale

March 6, 2015

Carmel Valley Cottage for Sale in the Brookdale Neighborhood

Carmel Valley Cottage for Sale in the Brookdale Neighborhood

Search current inventory of Carmel Valley Homes for Sale

Listing Details

Carmel Valley Cottage for Sale in the Brookdale Neighborhood

5820 Carmel Valley Road, Carmel Valley, CA 93924
Price: $599,000
MLS number: coming soon
Bedrooms: 2
Bathrooms: 1
Lot Size ...
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Dec. 5, 2013

Short Sales NOT SUBJECT to State or Federal Income Tax for Cancellation of Debt

Short Sales NOT SUBJECT to State or Federal Income Tax for Cancellation of Debt

Just in time for the holidays! This is very big news for Californians involved in short sale transactions. This is not a temporary fix, but rather a long-term solution in addressing tax liability on short sales ...

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Nov. 27, 2013

California Short Sale Tax Liability Update

California Short Sale Tax Liability Update

I would be remiss if I did not include the following disclaimer prior to diving into this issue:

REALTORS® should encourage their clients to seek the advice of a tax professional regarding the tax consequences of a short sale.

As most of you know ...

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