Quote:
Originally Posted by elbear
I read somewhere there may be changes in bonds on new homes. Does anyone know any particulars?
How much is the bond on a new Iris? Tax on the bond?
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Bond is dependent on the Unit of homes, i.e. 212 Gilchrist, not the individual lot. See the VCDD website.
Bond interest is not tax deductible although a lot of people do it knowingly or not.
Don't know of any changes in the bond structure.