Talk of The Villages Florida - View Single Post - Interest portion of bond payment tax deductible?
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Old 10-14-2012, 11:15 AM
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Geewiz Geewiz is offline
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Quote:
Originally Posted by jimbo2012 View Post
I have and get different opinion from each one I spoke to, do you think a $1300 deduction is what they are looking to audit.....with their staff they look at much bigger fish to fry I think.

The number of premier homes are in the minority lets stick with those of us this can effect most.

It's your choice to take it or not.
Jimbo - I totally agree - the one proviso is if they wanted to make a point with the developer - and now that would be cast as a crass political move and probably bring more grief than revenue. Two years ago - I'd be more wary...but, now - not a chance.
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