[GordyM]

Just wondering.....

Can the bond that is placed on a new home be used as a tax write off?

I know everyone has different scenarios when it comes time to do their taxes but, if you are using it as a tax write off..... how are you doing it?

Thanks

[Bill-n-Brillo]

A few prior threads on the topic - bond and/or the interest on the bond:

Tax deduction bond and bond interest

Interest portion of bond payment tax deductible?

tax deduction on bond

Is bond interest tax deductable?

Bill

[Bogie Shooter]

Originally Posted by GordyM

Just wondering.....

Can the bond that is placed on a new home be used as a tax write off?

I know everyone has different scenarios when it comes time to do their taxes but, if you are using it as a tax write off..... how are you doing it?

Thanks

It has been concluded on TOTV, on other threads, that it cannot be taken as a deduction.
However, you can pay it off with a home equity loan and then deduct the interest.
These comments should not be used in a court of law.
Here are a whole bunch of opinions. Interest portion of bond payment tax deductible?

[JoeC1947]

NO.