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We just received a 1099 A-abandonment of property for
We just received a 1099 A-abandonment of property for timeshare we were in dispute with contractually. We signed a Warranty Deed in Lieu of Foreclosure, but they continued to send us threats from a co… read more
Lev
Lev
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Help,,,,, doing my daughters tax form on turbo tax and her and her husband had financial problems last year and they have received a 1044 A..... what do I do with it, one place says need to list on sc… read more
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I had a condo that foreclosed March 2013. I owed $96k. I have
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Robin D.
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I just received a 1099a for a property that was forclosed upon
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taxmanrog
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When does the IRS consider the transfer of ownership for tax purposes? e.g., Date of Transfer of Deed to Lender or the Closing Day when the lender sells the condo to a third party (the elapsed time be… read more
Robin D.
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1. In disposal of rental real estate, what is considered or defined as a taxable transaction? Here is the pretext for the question: I have rental real estate property that I had to abandon and stopped… read more
R. Klein, EA
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My girl friend and I bought a house for 200,000 and live there
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Im filling out a insolvency worksheet for my taxes due to
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Mark D
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I abandoned Stockton house in January 2008. The mortgage company
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we own a home, no late payments. thinking about forclosure
we own a home, no late payments. thinking about forclosure b/c home has lost value in over 75K within the past year. if we could sell it now, we would owe 75-90,000 in debt. what are the tax ramificat… read more
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I bought a duplex in 1990, i refinanced it in 2001. I sold ...
I bought a duplex in 1990, i refinanced it in 2001. I sold it in 2007 for 15,000.00, 9000.00 less than I owe. How do I list this on my taxes?… read more
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