Owe Back Taxes?

Real Estate Investor and CPA Rick Donner To Speak On Short Sale IRS Taxes
Real Estate Investor and Florida licensed CPA Rick Donner will speak live at a free webinar. Second in the Tell Me Something I Don’t Know short sale webinar series, How Will The IRS Treat A Short Sale For Tax Purposes is scheduled for Wednesday July 14, 2010. The webinar is free and will be presented live from 3:00pm to 4:00pm.

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Aussie fraudster’s Phuket vacation cut short
KATHU, PHUKET: A young Australian tourist is facing deportation from Thailand after falsely claiming that she had been robbed in order to claim on her insurance, police in Phuket said.Patong Police sa…

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A Short History Of Taxes
Why income taxes will likely rise soon.

Read more on Forbes

www.mortgagereliefformula.com Mortgage Short Sales — do they hurt your FICO score? Will they cost you big in IRS penalties and back taxes for cancellation of debt income? Are they being done or are lenders simply blowing you off? This video has answers on short sales for real estate.

I am planning on purchasing a second home and renting out my primary. I have live there for about 3 years (after 2, becomes primary). If I can not rent my home, I am planning to do a short sale or at worst, let it go into foreclosure. From what I have read, the IRS will forgive a home if it is your primary resident. Does anyone no if there is a way around a 1099 claim?