Saturday, November 26, 2022
HomeSubject AreaPolitical AdvocacyUrge Congress to Prolong Mortgage Debt Forgiveness Tax Aid

Urge Congress to Prolong Mortgage Debt Forgiveness Tax Aid

The earnings tax exemption on mortgage debt forgiven in a brief sale or a exercise for principal residences has been prolonged by the Home of Representatives. The retroactive extension was handed by a vote of 378 sure to 46 no. The US Senate has not but voted on the measure. NAR will proceed to ask members to ship messages to United States Senators till the invoice is handed. Please urge your Senators to cross the Mortgage Forgiveness tax reduction invoice now.

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