More Tax Relief for Ca Homeowners

On Monday, Gov. Arnold Schwarzenegger, signed the Bill SB401 which will eliminate state taxes on forgiven mortgage debt from 2009 through the end of 2012. The US Government has already put this in place. A big relief for Ca homeowners who have a loan modification, short sale or foreclosure.

Read more: http://www.sacbee.com/2010/04/13/2674065/california-wont-tax-forgiven-home.html#mi_rss=State%20Politics

If you have any questions or comments feel free to contact me. Have a great day!

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