If you received a 1099-A it means that the lender has taken back the property. Form 1099-A is not reportable on your tax return. Quite often the lender will then issue a 1099-C for cancellation of debt. Cancellation of debt is considered income.
Please see this TurboTax Help article for more information: What do I do with Form 1099-A? - TurboTax
