Talk of The Villages Florida - View Single Post - Bond Payoff
Thread: Bond Payoff
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Old 02-19-2014, 12:37 PM
Bogie Shooter Bogie Shooter is offline
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Quote:
Originally Posted by OBXNana View Post
We paid it off as part of our closing last week. Over a 30 year period the bond will triple in cost. For us, it was down to dollars and cents. We aren't convinced it's tax deductible. Having gone through an IRS Audit we don't want to put it to the test.

There are no right or wrong answers to paying the bond off. Simply personal preference.
It's not tax deductible.
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