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In response to
"
I think the tax ramifications relate to the seller. If the bank forgives a portion of the loan, that 'can' be considered income.
"
by
MojaveMeg
OTOH, my friends are buying an avocado orchard via a short sale :) -- nm
Posted by
MojaveMeg (aka Mojave)
Mar 27 '11, 11:59
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