Quote:
Originally Posted by BlueHeronFan
Stop by the finance office and request an amortization schedule for the bond. It will open your eyes. We were paying approximately 5.3% interest, plus admin cost for filing.
We paid it off.
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I think our bond is over 6%. We are paying it off this year. Our tax guy also said it was not deductible. Also, there is a steep administrative fee tacked onto the bond payment each year.
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Chicago, Lincoln Nebraska, Rochester NY, SE Ohio, Oklahoma, California, New Mexico and BUTTONWOOD
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