Type PLR Subject 7.05 - Foreclosure Property - Defined & Tax Consequence Keywords Foreclosure Property REMIC Year 2016 IRS Link https://www.irs.gov/pub/irs-wd/201623007.pdf Tax Report Link TaxReport (July 22, 2015) (2) Summary Foreclosure property will not lose status when expansion done due to state agency request Title PLR 201623007