Nagle Law Group Archives

Understanding The Tax Consequences Of The Mortgage Forgiveness Debt Relief Act

Tax Consequences

Over the past couple of weeks there have been numerous news stories, both local and national, citing real estate experts who suggest that if homeowners don’t sell this year, they could face big tax consequences because the Mortgage Forgiveness Debt Relief Act (MFDRA) will expire. If you are not familiar, the MFDRA was first enacted… Read More →