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.Minerva Sanchez, 47, Fremont, California, was arrested at her home for allegedly conspiring to commit bank fraud in connection with a fraudulent short-sale scheme. 15, released a letter from the IRS clarifying that California families who lost their homes in a short sale will not have to pay a tax penalty for debt forgiven after the federal law banning& ..No taxes on California short sales, IRS says..The IRS and the California Franchise Tax Board have formally declared that California home sellers are NOT liable for federal or state income tax on short sales. california law for short sales ....Fannie Mae and its servicers maybe broke the law in California when collecting contributions from borrowers on short sales, the office of the inspector general for the Federal Housing Finance Agency claims in a new report.S. On behalf of Nialis Law Group, A Professional Law Corporation posted in Real Estate Transactions on Friday, December 27, 2013.California Affordable Care Act – Although this is not a new law, FTB gets questions about how the federal Affordable Care Act affects California taxes S. On behalf of Nialis Law Group, A Professional Law Corporation posted in Real Estate Transactions on Friday, December 27, 2013.California Affordable Care Act – Although this is not a new law, FTB gets questions about how the federal Affordable Care Act affects California taxes. Barbara Boxer, D-Calif... But the GSE and FHFA say inaccurate data may be& . . But the GSE and FHFA say inaccurate data may be& .. California .Sen.The Office of the Inspector General for FHFA is looking into potential violations of California law when it comes to borrower contributions made on Fannie-related short sales.. The Office of the Inspector General for FHFA is looking into potential violations of California law when it comes to borrower contributions made on Fannie-related short sales... Many people in Orange County are still struggling financially& ., wrote the Internal Revenue Services in August asking how they will treat California short sales after the expiration of the Mortgage Forgiveness Debt Relief Act..Minerva Sanchez, 47, Fremont, California, was arrested at her home for allegedly conspiring to commit bank fraud in connection with a fraudulent short-sale scheme. 15, released a letter from the IRS clarifying that California families who lost their homes in a short sale will not have to pay a tax penalty for debt forgiven after the federal law banning& .Minerva Sanchez, 47, Fremont, California, was arrested at her home for allegedly conspiring to commit bank fraud in connection with a fraudulent short-sale scheme. 15, released a letter from the IRS clarifying that California families who lost their homes in a short sale will not have to pay a tax penalty for debt forgiven after the federal law banning& ..No taxes on California short sales, IRS says..The IRS and the California Franchise Tax Board have formally declared that California home sellers are NOT liable for federal or state income tax on short sales. brass lantern
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