Tax Break for Home Short Sellers at Risk

Wall Street Journal, Dec. 13, 2015–Kusisto, Laura

Last-minute negotiations in Washington have left real-estate agents and sellers nervous about the possibility that distressed homeowners could receive an unwelcome tax hit. “Borrowers need the certainty that they will not be faced with a large, unexpected tax bill,” said Bill Killmer, senior vice president for legislative and political affairs at the Mortgage Bankers Association.

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