Friday, 2 January 2015

We own a home in PA and have been offered a Deed in Lieu and they are waiving the deficiency. They mentioned we should speak to an attorney ...

Question

We own a home in PA and have been offered a Deed in Lieu and they are waiving the deficiency. They mentioned we should speak to an attorney to see what the tax implications are?



Answer

Yes you need to talk to any attorney up on income taxes.

John



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