"Today's bill will ensure that any debt forgiven on a mortgage secured for a principal resisence will not be taxed."
The full statement follows:
Again, I encourage anyone having difficulty with their mortgage contact their lender first in the interest of working out a solution. Many unscroupulous people are pretending to assist those in difficulty while creating an even worse problem for their own benefit. Trust your lender first!
And check the December 7 entry in this blog for further info on assistance.
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