A customer recently asked me this question.
When a developer is setting up the community (roads, lights, common areas, tennis courts, golf course, etc) he can pass the expense off to the first people that buy the home. Often times, these initial costs are so high that this developer could not possibly "sell" this to the initial buyer.
Therefore, the bill is oftentime paid on for a set number of years. This bill is included in the taxes of each homeowner in the community. It is basically a community development tax. Each homeowner is paying for those very nice amenities.
This CDD, because it is included in the real estate taxes, may be tax deductible. Please check with a tax accountant to verify.
Please call me 813-624-3332 with any questions that you may have. I would love to hear from you, Stephanie
Schools / Parks / Airports
Home | Why Me? | Contact Me | Real Estate News!!! | Tampa Pool Homes | Tampa REOs - Tampa Bank Owned Properties | Tampa Million Dollar Houses for Sale | Tampa Bay Condos for Sale | Search Mediterranean Homes by City | Building a Home Tampa | Tampa Golf Course Homes | Tampa Short Sales | Search Tampa Real Estate | Homes on the Water for Sale in Tampa | Search by Home Type | Search by Zip Code | Search by Community | Search homes by Price Range | Tampa Waterfront Access | Tampa Homes on Water Lake | Tampa Luxury Real Estate for Sale | Homes with a Fireplace | Tampa Single Family Homes | Homes with a Garage | Tampa Townhomes | Duplexes for Sale Tampa FL | Tampa Multi Family Homes | Tampa Villas | Tampa Land Lots & Acreage for Sale | Houses for Rent in Tampa FL | Tampa Realtor Reviews | Stephanie's Real Estate News & Blog | Affordability Calculator - How much home can I afford? | Tampa Master Planned Communities | Downtown Tampa Condos | South Tampa Homes | Search Homes | Advanced Search | Foreclosures | Riverview Homes | New Tampa Homes | Lutz Homes | Lithia Homes | Gibsonton Homes | Apollo Beach Homes | South Tampa Homes | Tampa Homes | ActiveAdult TampaBay | Valrico Homes | Mediterranean Style | Bungalow Home | Cape Cod | Contemporary Home | Custom Homes | Duplexes | Elevated Homes | Multi Five or More | Florida Homes | French Provincial | Historic Home | Key West Homes | Ranch Style Homes | Victorian Home | Million Dollar Homes | Townhomes | Tampa Condominiums | Waterfront homes | New Homes | Arbor Greene Homes | Cory Lake Isles Homes | Channelside Condos | Cross Creek Homes | Grand Hampton Real Estate | Heritage Isle Real Estate | Hunters Green Real Estate | Live Oak Preserve Homes | Pebble Creek Real Estate | Tampa Palms Real Estate | Cheval Real Estate | Channelside Condos | 345 Bayshore Condos | 4th Avenue Lofts Condos | Alagon Condos | Art Center Lofts Condos | Bellamy on Bayshore Condos | Foreclosures | Tampa Foreclosures | Pros & Cons of Bank Owned Homes Tampa Bay FL - REOs | Pros & Cons of Shortsales - Tampa Bay FL | Relocating to Tampa - Things to Do in Tampa Bay | Home Buying Tips Tampa | Our Listings | Tampa Realtor Ste... | Active Rain Realtor Blog | | Open Houses Page | Would recommend h... | Mortgage Rates