RE/MAX's founder Dave Liniger talks about housing & the economy on CNBC.  Are you aware that there's a debt forgiveness act that will expire at the end of 2012? I'm not an accountant, or an attorney - however, this act helps people who sell their home through the short sale process.  When the bank takes a loss, they 1099 the homeowner and the amount of the loss is then taxable income to the homeowner - who is already financially distressed.  For most people, that could result in a huge tax burden - further digging them deeper in the hole.  I think Dave Liniger is on point in this video.  Maybe he should run for president!