Quote:
Originally Posted by philnpat
We asked our village salesperson, Deb Park, if the bond was deductible. She made it very clear that it was not. Better to have that information up front than to be disappointed later.
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Our salesperson also was clear that the bond interest was not deductable. Somehow , though, this seems to defy logic since it is clearly part of the costs included in a home purchase in other areas of the state and country. Has ther been any effort to challenge the non deductablability with the IRS?