2007 mortgage recap

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
Jan 24, 2012 . The Mortgage Forgiveness Debt Relief Act of 2007 was enacted on December 20 , 2007 (see News Release IR-2008-17). Generally, the Act .
http://www.irs.gov/individuals/article/0,,id=179414,00.html

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Ten Facts for Mortgage Debt Forgiveness
Mar 3, 2011 . Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to .
http://www.irs.gov/newsroom/article/0,,id=205004,00.html

Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim ...
Feb 28, 2008 . Normally, debt forgiveness results in taxable income. But under the Mortgage Forgiveness Debt Relief Act of 2007, enacted Dec. 20, taxpayers .
http://www.irs.gov/irs/article/0,,id=179073,00.html

Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia, the free ...
The Mortgage Forgiveness Debt Relief Act was introduced in Congress on September 25, 2007, and became law on December 20, 2007. This act offered relief .
http://en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt_Relief_Act_of_2007

Mortgage Forgiveness Debt Relief Extended | California Franchise ...
Oct 3, 2008 . California law conforms, with modifications, to federal mortgage forgiveness debt relief for discharges that occurred in tax years 2007 through .
http://www.ftb.ca.gov/aboutftb/newsroom/mortgage_debt_relief_law.shtml

Additional findings from the survey are:

  • Canceled Debt & Mortgage Forgiveness
    Anytime a lender cancels, or forgives, your debt, that is considered income to the . relief under a new tax law, the Mortgage Forgiveness Debt Relief Act of 2007.
    http://taxes.about.com/od/income/qt/canceled_debt.htm

  • Will Mortgage Forgiveness Debt Relief Act Be Extended?
    Feb 21, 2012 . Many of our readers have asked whether or not we believe the Mortgage Forgiveness Debt Relief Act of 2007 will be extended past its current .
    http://www.kcmblog.com/2012/02/21/will-mortgage-forgiveness-debt-relief-act-be-extended/

On introductory bonuses, the survey found that:

IRS Gives Tips About Mortgage Debt Forgiveness - Bankruptcy Law ...
Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 .
http://www.bankruptcylawnetwork.com/irs-tips-about-mortgage-debt-forgiveness/

Why The 2007 Mortgage Relief Act Must Get Extended
Jan 31, 2012 . The 2007 Mortgage Forgiveness Debt Relief Act was signed into law to . Tags: 2007 mortgage debt relief act, forgive debt on short sales, .
http://www.shortsalene.com/2007-mortgage-relief-must-get-act-extended/

For more information for boomer consumers, see my blog 2008 home mortgage tax rebate.

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2007 stimulus check and student loans