Very simply: A short sale is when you sell (must sell) your house for less than what you owe the bank on your mortgage.The difference between what you owe the bank and what the bank accepts as sales price may be tax by the IRS as ordinary income, capital gains. Please see a real estate tax expert.
Usted vende su casa por un "Short Sale" cuando tiene que venderla por menos de lo que le debe al banco por la hipoteca. Usted podra tener que pagar impuestos (Federlales, Estateles) en la cantidad de lo que el banco le perdona.
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