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mmdesq2
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Condo Special Assessment Interest deductible?

My condo had a $17,000 assessment back in 2018 for new siding and roofs. The association financed the assessments and unit owners that did not pay it off immediately pay monthly on that unit owner's individual portion of that loan.  Can I deduct the interest I pay on that assessment?

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Condo Special Assessment Interest deductible?

No. That is a personal expense. 

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