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-   -   Tax deduction bond and bond interest (https://www.talkofthevillages.com/forums/ask-expert-legal-question-267/tax-deduction-bond-bond-interest-57164/)

KeepingItReal 07-23-2012 08:40 PM
Tax deduction bond and bond interest
 
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Hunt Law Firm 07-24-2012 10:13 PM
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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