Short sales are tax free?

Think short sales are tax-free? Not so fast Source: moremoney.blogs.money.cnn.com Short sales are heating up now that the Obama administration has increased the amount of cash handed out to help people move and to encourage lenders to make deals. Having just wrapped up a story about the options available to underwater borrowers, I learned some interesting things about the tax ramifications ...

Foreclosed? Here comes the tax man

Foreclosed? Here comes the tax man Source: money.cnn.com Did you lose your house this year? Did your lender forgive some of your mortgage debt because you owned more than it was worth? If so, you could be facing a big tax hit.

March jobs report shows growth

March jobs report shows growth Source: money.cnn.com Employers add 162,000 jobs to their payrolls in March, the biggest jump in three years and only the third month of any gain since start of recession.