if you settled a debt on a home or with a lender most likely you will rec one of two types of forms from the bank and or lender/creditor.
in some cases where property is involved one may receive both form 1099-A (Acquisition or Abandonment of Secured Property) and form 1099-C (Cancellation...
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Revisting the Questions of What to Do When you Rec 1099A and 1099Cs
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Should I receive a 1099s?
My previous and first post was about my condo that I had in AZ (thanks to those who helped!). I'll keep this short and sweet with bullet points to keep it concise.
- Bought a condo in AZ for 127k in 02/2005 and lived there until 03/2006
- Moved back to CA and rented it out a few... -
Should I file bankruptcy before foreclosure on rental property in CA (so confused)?
I am so confused on what to do!
During 2009 my job in CA was to be cut by 50%, so I decided to get a new job and ended up in Oregon working for the State. I didn't think about the consequences of moving out of state and rented out my house in Fresno and bought a new house in Oregon,... -
Tax Time Question: Anything about my foreclosure?
Hihi, I was just wondering. My condo that I let go in my bk foreclosed in April of last year. Do I need to do anything on my taxes when I file this year to let the IRS know I lost the house?
I ask because I have been taking in prior years the real estate credits and now of course...