Talk of The Villages Florida - View Single Post - Bond , is it tax deductible?
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Old 02-03-2014, 03:39 PM
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TrudyM TrudyM is offline
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Location: Bought Tamarind Grove, Mercer Island Wa, previously NH,FLA,Hi,CT,CA,GA, Hubby from Hawaii
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Quote:
Originally Posted by graciegirl View Post
Just look at the item SEARCH in the tool bar above. Go there and type in Bond deductible and read all of the stuff that has already been written and then trust Bogie Shooter.
Thanks Gracie. I was just thinking out loud,
I should have known Bogie Shooter and others would have more answers in here. Interest portion of bond payment tax deductible?
After reading it looks like the experts don't agree. It seems as a deductible tax no as it's non ad valorem item but the interest may be deductible as residential interest or may not depending on who is reading the tax law and how they interpet it. Great just great.
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