My home was short sold. The 2nd lein holder was a HELOC, who sent me a 1099. Am I liable for income taxes?
An Anonymous User asked:
Before closing the HELOC bank accepted $3,000 of the $34,800 owed yet they 1099d me for $34, 800. Not sure if I have to show this as income since they settled for the short sale amount.
What are my options if I get a 1099 form sent to me (because of a short sell) & owe money & can’t pay for it?
An Anonymous User asked:
