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I received a 1099A with principal loan bal of $351,000.00 and FMV$378,204.00. It was purchased with a primary res. Loan. It shows borrower personally liable for repayment of debt. House is in...

QUESTION: I have a 1099A for a home that was secured through a primary res. Loan. Box five is marked as borrower personally liable for debt. The FMV is listed higher than the principal bal. Will I...