Talk of The Villages Florida - View Single Post - Interest portion of bond payment tax deductible?
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Old 10-15-2012, 09:37 PM
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Quote:
Originally Posted by KeepingItReal View Post
FROM ANOTHER THREAD ON SAME SUBJECT

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Your CDD bond payments and interest on the bond are not tax deductible. Your CDD bond payment is included on your property tax bill as a non ad valorem assessment and is not based on the value of your real property. Ad valorem taxes are based on the assessed value of real property and are deductible on schedule A of your tax return.

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WELL DONE RESEARCH, keepingitreal. Good information for all of us to remember.
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