mischief418
New member
- Jan 10, 2009
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We avoided foreclosure on our house a few months ago by doing a "quick sale" I believe...is this the same as a "short sale"? And I am wondering now that tax season is here...am I going to be responsible for the taxes on the sale of the house? I didn't make a cent off of the sale but I'm just not sure how this all works. I know that the house was sold for less than what was owed on the mortgage but I do not owe the difference because the lender accepted the terms and I have a statement from the mortgage company confirming all of this however the letter does not mention taxes. Anyone know about this stuff??