Ask Experts Questions for FREE Help !
Ask
    moe214's Avatar
    moe214 Posts: 6, Reputation: 1
    New Member
     
    #1

    Oct 13, 2007, 10:25 AM
    Foreclosures and 1099-c
    How hard does IRS comes down on collecting the taxes on 1099-c after a foreclosures? Do they give you any breakes?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Oct 13, 2007, 02:13 PM
    Hello moe:

    Everything is negotiable.

    excon

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

The affects of foreclosures [ 1 Answers ]

My fiancé has a property that is going into foreclosure. This property is in his name only. We are getting married in a couple of months. We also have another property together. How does this affect me or the property that we own together?

Purchasing Foreclosures [ 2 Answers ]

Looking to buy foreclosures with 30k. Need to know where I can get a list of auctions or individual forclosures besides purchasing a web site membership. Also can I finance or do I need to have the entire amount up front?

2nd mortgage foreclosures [ 1 Answers ]

If the 1st lien holder forecloses on a property can the 2nd lien holder seek monies?


View more questions Search