short sale

Government & Politics
11:22 am
Wed January 30, 2013

California Legislators Push For Short Sale Tax Relief

file photo
Credit Joe Moore / Valley Public Radio

There’s a push in the California legislature to provide tax relief for struggling homeowners who are forced into short sales.  As Marianne Russ reports from Sacramento, the new legislation has bipartisan support.

A Democratic state Senator introduced the bill, and Republican Senator Joel Anderson has signed on as a co-author.  He says homeowners going through a short sale need help.

"Let’s not kick them when they’re down," says Anderson.

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