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![]() The decision amounts to owners trying to wash their hands of an investment gone bad, but many have found out the hard way that it isn’t so simple. These transactions — known as deed-in-lieu-of-foreclosure sales — could wind up saddling them with a large tax bill... RSK: Unless you are a newbie in the investment real estate world, you are probably painfully aware of this. If it is a partnership or LLC with many partners, some of them may not be. | ||
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