Talk of The Villages Florida - View Single Post - Tax Question
Thread: Tax Question
View Single Post
 
Old 08-22-2014, 05:07 PM
Gordon82 Gordon82 is offline
Member
Join Date: Apr 2014
Posts: 59
Thanks: 0
Thanked 1 Time in 1 Post
Default Tax Question
We will be moving down to TV soon. Correct me if I'm wrong, but the property taxes there are county taxes, and CDD taxes. The CDD taxes are made up of a maintenance portion, and a bond portion. The bond payment each year is made up of principal, interest, and an admin fee.

So there are 5 components: county tax, CDD Maintenance, CDD bond principal, CDD bond interest, and CDD bond admin.

Are all 5 of these considered property tax that can be deducted? I would certainly think the first two are, but I wasn't sure if only the bond principal might be considered property tax or all 3 parts of the bond.

Thanks in advance.