https://ttlc.intuit.com/community/taxes/discussion/reverse-mortgage-foreclosure/01/3081381#M1125190 <P><BR />property was bought through Hoa foreclosure . The property has a reverse mortgage and bank is Persuing to foreclose due to previous owners liability attached to this property . Any suggestion on tax implications for the new owner ?</P> Tue, 24 Feb 2026 06:49:44 GMT maddy1987 2026-02-24T06:49:44Z https://ttlc.intuit.com/community/taxes/discussion/reverse-mortgage-foreclosure/01/3081381#M1125190 <P><BR />property was bought through Hoa foreclosure . The property has a reverse mortgage and bank is Persuing to foreclose due to previous owners liability attached to this property . Any suggestion on tax implications for the new owner ?</P> Tue, 24 Feb 2026 06:49:44 GMT https://ttlc.intuit.com/community/taxes/discussion/reverse-mortgage-foreclosure/01/3081381#M1125190 maddy1987 2026-02-24T06:49:44Z