Re: Bond
Please, please, please go to the "Search" function at the top of the page. There are roughly 4,637 posts in TOTV that address every aspect of the bond issue. A lot of people have spent a ton of time on research getting this information and have again taken the time to present it here. Much of it is very informative and a substantial amount is accurate.
In short, regardless of whether it's a new or resale, neither the bond nor its interest is tax deductable. You can, of course, work around this by using mortgage money (or home equity loan) to pay the bond. Then the interest is, of course, deductable.
Please, please, please see the other posts.
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Kansas City, MO; Alamo & Albuquerque NM; Quad Cities; St Louis; DC ~ NOVA; Nuernberg; Heidelberg; DC ~ NOVA; Liberty Park ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Life is like a sewer. What you get out of it depends upon what you put into it.
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And it's Munc"L"e, not Munc"I"e
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