What is the status for the tax relief on Short Sales due to expire end of this year? Any extension planned/likely?

Asked by James Furlong, Brookline, MA Fri Dec 7, 2012

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Maria Cipoll…, Agent, Coral Springs, FL
Fri Dec 7, 2012
Analysts expect Congress will extend the exemption but note specifics, such as how long the extension will last or what legislation it will be attached to, are still up on the air.

Maria Cipollone

Century 21 Tenace

2 votes
Scott Godzyk, Agent, Manchester, NH
Fri Dec 7, 2012
There was a bill proposed that did not pass as it was attached to another bill that was unpopular. There is hope they will pass a bill but nothing is guaranteed with the politciians we are stuck with. They seem to both care more about partisan fighting than looking out ofr the best interest of the people in the USA.
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