Tax implications on short sale

October 1, 2008, 2:46 pm

I'm short selling my property. I have a renter who's made an offer 60,000 less than what I owe and at the appraised value. Q: Can I demand a letter from lender to credit agencies that it was paid in full? Q: Will I have to pay tax on short sale. Q: Which is better. Foreclosure, Deed back to them or short sale? Q: Will this effect my credit...