March 24, 2012
Why Use Our Services Greater Boston Short Sales, LLC (GBSS) assists real estate agents in getting their short sales closed. As a real estate agent, your time is best spent obtaining new listings, meeting with clients, showing and marketing homes. We understand that you don’t have the extra time required to effectively negotiate a short […]
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February 7, 2012
As tax season approaches, and more importantly, the expiration of the Mortgage Debt Relief Act of 2007, it is important to review the tax consequences following a short sale. In general, the IRS will treat any canceled debt, such as forgiveness of a mortgage loan, as taxable income. Thus, if you live in a recourse […]
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