Mortgage Forgiveness Debt Relief Act Expires Dec 31 2012!

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By Alexa Nicole -

Las Vegas, NV – December 15, 2011 – (RealEstateRama) — If you’ve been thinking about doing a short sale on your Nevada home, you might want to hurry up. The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill because they had to walk away from a mortgage obligation. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012.

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