Accounting & Tax Advice

When you work with Short Refi Services we will do all that we can to make sure that your financial picture improves. We will attempt to obtain mortgage relief for you, and that may require that you speak to a CPA regarding possible tax implications. Before you pursue a modification, short refinance, or short sale, you may want to speak with a professional regarding your situation.

Below are links that will help you with choosing a CPA, and also some information related to tax consequences of short sales and foreclosures. We hope to help you obtain a short refinance or modification, but this information may be useful if we can’t.

Hiring A CPA: Fran Sisco:
http://www.cpadirectory.com/professionalresources/details.cfm?id=257&pageid=161
A useful guide detailing the things to look for when considering hiring a CPA to advise you.

Tax Consequences of a "Short Sale" of Real Estate vs. Foreclosureby Michael C. Gray, CPA:
http://realestateinvestingtax.com/shortsale.shtml
An article from a CPA detailing some of the tax implications of foreclosures and short sales. The article gives specific information for those living in California.

Justanswer.com:
http://tax.justanswer.com/?r=gatax&JCRN=
Tax+Professionals+and+Advisors&JCD=20080905B&gclid=
COvk3_WYxpYCFRxNagodXjcByg
A site that allows a person to retrieve information on a number of subjects including tax advisors.