Talk of The Villages Florida - View Single Post - Tax time again
Thread: Tax time again
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Old 12-13-2010, 12:18 PM
Tbugs Tbugs is offline
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Tom, that is a big negatory, good buddy. The IRS does not allow such a deal to write off interest on the bond.

Buying a resale with very low or non-existent bond would have been better financially.

Anyhow, living in The Villages makes the paying worth-while, doesn't it?