tag:blogger.com,1999:blog-10772130.post8200948455356943210..comments2009-10-26T20:15:42.880-07:00Carl Starretthttp://www.blogger.com/profile/06409648966714976610noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10772130.post-18259529538752259142009-10-26T14:57:27.976-07:002009-10-26T14:57:27.976-07:00There is a separate exception (if you are not in bankruptcy and not insolvent) for &quot;qualified real property business indebtedness&quot; under Section 108 of the Code. Check out the requirementsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10772130.post-59383399833994442272009-08-19T11:48:05.358-07:002009-08-19T11:48:05.358-07:00My husband and I wondered if this same advice concerning 1099&#39;s on property applies to rental property? We have lost our business and now are unable to pay the equity line on our rental property due to income loss. Would it be better to file bankruptcy or just allow the rental to be foreclosed. We may be considered insolvent. <br /><br />Thank you so much,<br />GeorgeneGeorgenehttp://www.blogger.com/profile/09028148446621304362noreply@blogger.com