Short Selling A Rental Property – Real Estate Investing
If you got into real estate investing at the peak of the market, then you might be facing the unpleasant situation of owning real estate that is underwater. Short selling has become increasingly common since the real estate bubble burst, sending property values plummeting to levels that had been unheard of for years.
This article covers how short-selling works for your rental property, how your mortgage is affected and the tax implication of a short sale …
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