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The Basics: Extended Home Buyer Tax Credit 2009/2010
Mortgage Debts
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Mortgage Debt Forgiveness
The recently passed Emergency Economic Stabilization Act includes tax breaks to Americans involved in a foreclosure, relieving some of their financial burden. EESA extends the Mortgage Forgiveness Debt Relief Act to 2013 -- it was originally scheduled to expire at the end of 2009.
Timing is everything
Internal Revenue Service (IRS)
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