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  1. W

    Mortgage Forgiveness Debt Act Scenario

    Hello, Live in Nevada. Purchased home in 2005 and bought another home in 2009. The 2005 home became my rental property in 2009. About to short sale the 2005 home and was wondering if there's any recourse from Uncle Sam where I would owe money from the 1099c? The 2005 home wasn't initially...

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