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Many homeowners feel powerless when their bank sends them a Notice of Default and might consider filing bankruptcy to stop foreclosure on their house.
The first thing you are going to want to become familiar with is the tax implications when selling rental property. This is going to involve capital gains or capital losses.
Selling rental property in today’s market can be complicated. Knowing when to sell your property is just one of many questions you might have.
While you’ve gained a new property that can drastically improve your standard of living, you’ve also lost a loved one. Making decisions while you’re grieving can seem impossible.
Loan modifications, secondary loans, borrowing from acquaintances, filing for bankruptcy, and selling are all possibilities with varying success rates.