Look out for tax hit after home loss Tax hit could follow home loss
Look out for tax hit after home loss Tax hit could follow home loss
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President Bush proposes a temporary exemption. Here's a Q & A on how that might affect homeowners in distress. In a package of proposals aimed at easing foreclosure worries for homeowners having trouble making their mortgage payments, President Bush called last week on Congress to temporarily make some borrowers exempt from a little-known tax that kicks debtors when they're down. |
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News entry number 263 added on Sep 2, 2007 in the Business News category.
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