Three bills have been introduced by members of the tax - writing committees that would extend the 2007 mortgage cancellation relief that is currently scheduled to expire at the end of 2012. (nar.realtor)
More than five dozen tax provisions expired at the end of 2011, and a few dozen more, including mortgage cancellation tax relief, will expire at the end of 2012. (nar.realtor)
Passage of mortgage cancellation tax relief, ensuring that households in a short sale, foreclosure, or workout won't pay tax on phantom income. (realtormag.realtor.org)