Foreclosure, Loan Mod Tax Breaks Still Mired in Politics

Our column from the Riverside Press-Enterprise, Oct. 25, 2014: 

By Brian Bean & Tim Hardin

As November elections approach, Californians facing foreclosure or working on loan modifications anxiously wait to see if they will face massive tax bills.

Lawmakers, who failed to extend the federal Mortgage Forgiveness Debt Relief Act at the end of last year, remain head-down in politics and focused on control of their legislative bodies. Meanwhile, tax break extension bills have been sitting in committees for months.

Today, for Californians, only short sales are protected from hefty tax bills, shielded by different legislation that does not expire. …

Foreclosure Loan Mod Tax Breaks Still Mired in Politics | Short Sale in Riverside CA | Mortgage Debt Relief | Brian Bean and Tim Hardin Dream Big

For more information, check out our MORTGAGE ASSISTANCE page HERE.

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(Brian Bean and Timothy Hardin are Homeowner Advocates & Home Listing Specialists with The Dream Big Team at Realty ONE Group Champions in Riverside, California. They can be reached directly at Info@DreamBigRealEstate.com or 951-778-9700.)

Champions-Reversed-transparent

Brian Bean and Timothy Hardin
Homeowner Advocates & Home Listing Specialists
Realty ONE Group Champions
DRE Lic #01943304
Info@DreamBigRealEstate.com

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Henry David Thoreau

 

Foreclosure Loan Mod Tax Breaks Still Mired in Politics | Short Sale in Riverside CA | Mortgage Debt Relief | Brian Bean and Tim Hardin Dream Big