Can you give a lender 1099-c, a co-owner who is not on the mortgage in a short sale?

I bought a property with another investor and the mortgage is in his name only. Our agreement was to split the payments, but he could not pay, then the title will be excluded. We said a short sale buyer and the bank, they are all selling, and there are no tax consequences for me, since I’m not on the loan.

Register New Account
Reset Password