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Tag Archives: Houses underwater

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Legislation to Extend Tax Relief to Distressed Homeowners Currently in House, Senate Committees

Real Estate InvestingBy adminApril 7, 20151 Comment

[facebook] [retweet] Two similar pieces of legislation introduced last month in the House and Senate that would extend tax relief to homeowners who are underwater on their mortgage loans have been referred to committees and are waiting to be heard. Congressman Tom Reed (R-New York) introduced the Mortgage Forgiveness Tax Relief Act of 2015 (H.R.…

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