Adirondack Country Homes Realty Inc.
Serving the "Entire" Adirondack Park with offices at:
Schroon Lake Region (Main Office): PO 488, 1098 US Route 9, Schroon Lake, NY 12870 * 518.532.7900
High Peaks Region/Auction Sales: 2918 US Route 9, North Hudson, NY 12855 * 518.532.9323
Lake Champlain Region: 25 Munsey Way, Elizabethtown NY 12932 * 518.569.8884
Lake George: 2022 State Route 9, Lake George, NY 12845 * 518.668.2677
North Country Region: 113 Flynn's Line Road, Burke, NY 12917 * 518.483.4538
Speculator Region: Route 30, Speculator, NY 12164 * 518.569.8884
Washington Country Region: 4156 County Route 30, Salem, NY 12865* 518-584-3294
Mortgage Forgiveness Debt Relief Act Extended through 2013
Early last month, Congress extended certain provisions of the Mortgage Forgiveness Debt Relief Act through the American Taxpayer Relief Act of 2012 until December 31, 2013. This act benefits qualified homeowners who may have otherwise owed taxes on forgiven debt resulting from a short sale, reduced loan principal or foreclosure - which without the extension, would likely have been taxed as income.
What is the "Mortgage Forgiveness Debt Relief Act? Click here to learn more!