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jcg25
Returning Member

Are CDD fees paid off in advance tax deductible? CDD fees are posted as non-ad valorem on our yearly property tax bill.

Instead of paying another 25 years CDD fees, we paid them off early. It's a bond with a 6% interest rate.
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M-MTax
Level 12

Are CDD fees paid off in advance tax deductible? CDD fees are posted as non-ad valorem on our yearly property tax bill.

No because they're not based on property value.

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1 Reply
M-MTax
Level 12

Are CDD fees paid off in advance tax deductible? CDD fees are posted as non-ad valorem on our yearly property tax bill.

No because they're not based on property value.

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