Talk of The Villages Florida - View Single Post - Bond payoff
Thread: Bond payoff
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Old 11-27-2020, 05:29 AM
biker1 biker1 is offline
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I believe he was trying to state that by not paying off the bond then you are choosing to pay interest that cannot be deducted on your Federal taxes (it is not an ad valorem tax) and if you are at the start of the 30 year amortization of the bond then you are paying down relatively small amounts of the principle.

Quote:
Originally Posted by dwhite5773 View Post
wtf??