L.A Times article about taxes owed on shorted mortgage amount

http://www.latimes.com/classified/realestate/news/la-re-harney6may06,0,345286.story?coll=la-class-realestate-news

Just what the knowledgeable folks in the Tax area of these forums have been saying all along…and just because the lender doesn’t file, doesn’t mean that you don’t owe!

Keith