Should you be taxed on money you don’t actually receive?
Here’s an interesting quirk in our tax code. The current tax code requires a lender who forgives a debt to provide a Form 1099 to the IRS stating the amount the borrower has been forgiven. This disclosure applies whether it is a short sale, foreclosure, deed in...Worst idea … EVER … gets better
Letter to the Editor, today’s Boston Herald b>Yoon’s plan wrong plan City Councilor Sam Yoon’s proposal to buy back condos and homes when they are auctioned off by lenders appears to be another extension of public housing at the cost of Boston...Worst idea … EVER!
I just choked on my Cheerios. City Councilor Sam Yoon yesterday called for a joint effort by city officials and nonprofit community developers to buy back condos and homes when they are auctioned off by lenders. The owners could stay on as tenants, possibly with the...Foreclosures: up, but by how much?
In my quest to write as many grouchy entries I can in one day, let me just say this – don’t believe anything you read quoting data put out by ForeclosuresMass.com. I think they play around with the numbers, basically just so they can generate traffic to...Condo Listings by Neighborhood
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