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What about the 2nd lot?

Posted on: 02nd Mar, 2011 08:33 am
we filed chapter 7 bankruptcy on may 29, 2009. was final dec. 2009.
we received a 1099-a acquisition of abandonment or (etc.) fair market value was $68,000. balance of loan was $121,699. on the property court records fmv is $121, 300. however, there are two lots, the 2nd is not listed on 1099-a, court property records on that one say fmv is $13,700. how do i file taxes?
Hi Guest,

Your query has been replied to in the given page:
http://www.mortgagefit.com/budgeting-finance/about50031.html#204436

Take a look at it. Hope it helps you.
Posted on: 02nd Mar, 2011 06:35 pm
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