Skip to content
  • TRID/GFE Calculator
  • Contact
  • Fraud Alert
Store Menu
info@capitoltitle.com
Facebook page opens in new windowTwitter page opens in new windowLinkedin page opens in new window
Capitol Title Group
Settlement Services Maryland
Capitol Title GroupCapitol Title Group
  • Home
  • About
    • Our Firm
    • Leadership
    • Management
    • Career Opportunities
    • Contact Us
  • Offices
    • Corporate HQ Rockville
    • Clinton
    • Columbia
    • Crofton
    • North Beach/Dunkirk
    • Ocean City – NEW LOCATION
    • Severna Park/Ritchie
    • Severna Park/Benfield
    • White Plains
  • Settlements
    • Buying a home
    • Home Inspections
    • Pre-Settlement Processing
    • Title Insurance
    • Glossary of Terms
  • For Homebuyers
    • Useful Links
    • Useful Numbers
    • Home Title Search
    • Buyer’s Checklist
    • Seller’s Checklist
    • Statement Income Tax Analysis
    • MD Transfer/Recordation Chart
  • Agents & Lenders
    • Legal Bulletins
    • Seminar Calendar
    • GFEstimator
  • Online Services
    • Login
    • Order Titleclick to order
  • COVID
  • Home
  • About
    • Our Firm
    • Leadership
    • Management
    • Career Opportunities
    • Contact Us
  • Offices
    • Corporate HQ Rockville
    • Clinton
    • Columbia
    • Crofton
    • North Beach/Dunkirk
    • Ocean City – NEW LOCATION
    • Severna Park/Ritchie
    • Severna Park/Benfield
    • White Plains
  • Settlements
    • Buying a home
    • Home Inspections
    • Pre-Settlement Processing
    • Title Insurance
    • Glossary of Terms
  • For Homebuyers
    • Useful Links
    • Useful Numbers
    • Home Title Search
    • Buyer’s Checklist
    • Seller’s Checklist
    • Statement Income Tax Analysis
    • MD Transfer/Recordation Chart
  • Agents & Lenders
    • Legal Bulletins
    • Seminar Calendar
    • GFEstimator
  • Online Services
    • Login
    • Order Titleclick to order
  • COVID

Monthly Archives: November 2012

You are here:
  1. Home
  2. 2012
  3. November

Tax Break For Distressed Homeowners Is Scheduled To Expire

Legal BulletinsBy Anthony AngellNovember 7, 2012

Tax Break For Distressed Homeowners Is Scheduled To Expire Federal tax law generally requires that a taxpayer who has indebtedness that is forgiven by a lender is required to claim and pay taxes on the amount of the forgiven indebtedness, which is classified as “income”. As a result, prior to 2007 homeowners whose homes were…

Capitol Title Group
© 2022 Capitol Title Group
Go to Top