InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,576.98
(
0.07%
)
US TECH 100
19,922.83
(
0.15%
)
Dow Jones
39,291.97
(
-0.13%
)
Brent Oil
84.70
(
-0.84%
)
Bitcoin
57,905.00
(
2.10%
)
Post# of 148479
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

nancy2

Send PM Follow Ignore
Followers 6
Posts 565
Boards Moderated 0
Alias Born 07/04/2002

nancy2

Re: sylvester80 post# 106216

Wednesday, 08/08/2007 5:04:08 PM

Wednesday, August 08, 2007 5:04:08 PM

Post# of 148479
Unless the homeowner files bankruptcy, the "forgiven loan" would be considered "income" by IRS - so those walk-aways would face sizable tax bills.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up