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What about the 2nd lot?

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Guest	Posted: Wed Mar 02, 2011 9:33 am    Post subject: What about the 2nd lot? Like 0 Dislike 0 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 $13,700. How do I file taxes?
adonis Joined: 22 Oct 2005 Posts: 10531 Location: ALASKA 1085.02 Dollars($)	Posted: Wed Mar 02, 2011 7:35 pm    Post subject: Like 0 Dislike 0 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. _________________ Procrastination is the enemy of your financial success

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