Tax deduction bond and bond interest

 
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Old 07-23-2012, 08:40 PM
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Default Tax deduction bond and bond interest

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Last edited by KeepingItReal; 02-12-2013 at 12:33 AM.
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Old 07-24-2012, 10:13 PM
Hunt Law Firm Hunt Law Firm is offline
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Your CDD bond payments and interest on the bond are not tax deductible. Your CDD bond payment is included on your property tax bill as a non ad valorem assessment and is not based on the value of your real property. Ad valorem taxes are based on the assessed value of real property and are deductible on schedule A of your tax return.
 


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