My husband and I are looking to pay off our home with a 1099-A. We feel like it is not a good idea to send it to our mortgage holder, since they will most likely just shred it. I understand that in that case you would send a conditional acceptance letter which seems like an upward battle. We are in a financial situation where we aren't sure we have time to go that route. We would like to have a trustee file our 1099-A and accompanying IRS forms, but we have no idea where to find one. Does anyone in central FL have experience as a trustee yet?
We have contemplated going to an HR Block to ask them to file the 1099-OID, 1096, and 1040V.... we are just afraid they are going to accuse us of some sort of mortgage fraud (which it isn't).
We can't be the only ones in this situation, hope we can learn to help each other out.