Talk of The Villages Florida - View Single Post - House is being rented, and our VillagesIDs are forfeited
Thread: House is being rented, and our VillagesIDs are forfeited
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Old 11-28-2023, 11:03 PM
manaboutown manaboutown is offline
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Quote:
Originally Posted by BrianL99 View Post
Thank you. I love being right.

Now please go over to the thread on CDD Bonds. You're a former finance guy. Please explain to the masses, that CDD Bonds are nothing more than mortgages, with a different name and they only relate to land and not homes.

(Once you explain that, then you can move on to how Bond prices fall, when Interest rates rise.)
They are a form of debt on the property but they are NOT mortgages.

Furthermore mortgage interest is an itemizable tax deduction (to some). Bond interest is not.
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