California Debt Relief - Last Minute Changes

Brian Yui talks to San Diego???s Fox 6 News about the fantastic California state legislation that just passed last week that aligns California???s tax laws with that of the federal government???s with respect to debt relief for short-sellers.?? If you are a home owner in need of selling your home short, California will no longer tax up to $500,000 worth of debt relief on your primary residence (some restrictions apply) for the years 2009 through 2012.?? Brian also talks briefly about the advantages of listing your home as a short-sale rather than allowing it to go to foreclosure.?? Click the link below to learn more.

http://www.youtube.com/watch?v=05mON-SyN9E