Re: Effect of Short Sale

Posted by USA_Dave on December 30, 2007 at 10:58:54:

In Reply to: REMOVEDRe: Effect of Short Sale
Posted by erv on December 30, 2007 at 10:26:19:

"Could you enlighten me as to what situations allowed income arising from forgiven debt was partially or totallyt exepmpt from tax?"

Insolvency.