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Tax breaks for short sales to end soon

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Updated: 6/25/2012 4:59 pm
LAS VEGAS (KSNV & MyNews3) -- Thousands of Nevadans are escaping underwater mortgages and foreclosure by selling their homes through short sales.

However the clock is ticking on the tax break that allows homeowners to do it -- without taking a big tax hit from Uncle Sam.

News 3's Ashley Conroy joins us live with more information.

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