Keep in mind that selling your house in a decline can even now incur tax obligations. In most cases, canceled – or forgiven – debt is taken into account taxable income. That can consist of a short sale, foreclosure, deed in lieu of foreclosure, or bank loan modification. Transfer Tax: https://we-buy-houses-for-cash56319.ka-blogs.com/86031481/sell-house-after-1-year-an-overview