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I have an investment property that is having a short sale will i receive a 1099s from the bank? |
the mortage company told me that bush's economic package made it where homeowners and investors will not get 1099 for a short sale over the next 3 years The company told you that? Your mortgage company is wrong. You will receive a 1099 for your "income". Check with a financial planner or accountant to help you. Good luck. my magic 8-ball says........"better get that in writing" |
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