Quote:
Originally Posted by GordyM
Just wondering.....
Can the bond that is placed on a new home be used as a tax write off?
I know everyone has different scenarios when it comes time to do their taxes but, if you are using it as a tax write off..... how are you doing it?
Thanks
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It has been concluded on TOTV, on other threads, that it cannot be taken as a deduction.
However, you can pay it off with a home equity loan and then deduct the interest.
These comments should not be used in a court of law.

Here are a whole bunch of opinions.
Interest portion of bond payment tax deductible?