Tip - Short sale tax break signed into law

Homeowners who had short sales in 2014 can now breathe a giant sigh of relief, as the Mortgage Debt Forgiveness Act was signed into law by President Barack Obama. The short sale tax break lives on, for now, at least.
Tags: Congress,Mortgage Debt Forgiveness Act,Mortgage Debt Relief Act,Short sale,Tax relief,U.S. House of Representatives,U.S. Senate,mortgage lending,taxes