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Old 07-18-2011, 10:38 PM
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Bill-n-Brillo Bill-n-Brillo is offline
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Quote:
Originally Posted by kentucky blue View Post
Except, unlike a mortgage, the interest payments on your bond are not tax deductible. I have thought about putting my bond on my home equity loan, so i can deduct the interest payments.I've also considered just paying the bond completely off,but i don't think i'll get my $25,000 back if i sell,........ decisions,decisions ,decisions, what's a young man to do?!?
And there's the dilemma! It's really up to the individual to decide what they feel is best for their own situation.

Quote:
Originally Posted by momesu View Post
.....OR am I misunderstanding how bonds work.
Suzanne
You've got it - that's correct.

Bill