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Legal Video #5 - Tax Consequences with Short Sales and Foreclosure

Derek Jarr, Founder of Green Street Realty, and Bill Kozub, of Berens, Kozub, Kloberdanz, and Blonstein, discuss the tax consequences in the realm of Short Sales and Foreclosures

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Did you know that your tax benefits for short selling your home expire at the end of 2012? If you were to complete a short sale after this deadline, the consequences could be significant to your bank account. Contact us for a free short sale analysis so you know what type of tax implications you are facing. Act now, before it's too late.