Talk of The Villages Florida - View Single Post - Bond Payment is really 7.5%
Thread: Bond Payment is really 7.5%
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Old 06-21-2010, 05:18 AM
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Bryan Bryan is offline
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If your math is correct (and I am too lazy to double check it) then I wish I could get 7.5% for my money in savings or CDs today.

You didn't say which decision was easy to make but I presume it is the decision to pay off your bond now/early/as soon as you can afford to. I agree.

As far as tax deductions go, TV is probably erring on the side of over-caution by not saying yes or no to the income tax deduction question. That is a complicated area. More useful and informative would be an answer like "In general, they are NOT deductible. There are a few exceptions so see your accountant if you think you qualify for some special situation." Now that is truthful AND helpful advice.