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Tax consequences of short sales, foreclosures | Video

Tax consequences of short sales, foreclosures | Video

There are times when situations arise that are out of your control. Such as the housing bubble, which has led to many short sales and foreclosures. However, most people don't consider the tax consequences of these events. Scott Dentinger of Turbo Tax discusses some government tax relief options that are available to homeowners dealing with possible foreclosures or short sales.
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