Did your lender cancel or forgive your mortgage debt? If so, you generally have to pay tax on that amount. There are exceptions to this rule for some homeowners who had mortgage debt forgiven in 2012. Click here to learn 10 must-know facts.
Did your lender cancel or forgive your mortgage debt? If so, you generally have to pay tax on that amount. There are exceptions to this rule for some homeowners who had mortgage debt forgiven in 2012. Click here to learn 10 must-know facts.