The National Association of REALTORS has launched a
nationwide Call for Action on "The Mortgage Forgiveness Tax Relief Act." This
bill would extend an expired provision that has helped millions of distressed
American families by allowing tax relief for homeowners when lenders forgive
some portion of the mortgage debt they owe. The provision expired last December
31 and it is imperative to get it extended before impacted homeowners have to
file their 2014 income tax. The Call for Action asks all REALTORS to
contact their member of Congress and United States senators and urge an
immediate vote.
New
York currently has a 10-percent response rate.
Please
take action now on this very important issue!