So if you are in a mello-roos area and all those things on that link are built out, therefore all are receiving ongoing maintenance, wouldnt that mean all benefits and therefore the MR are tax deductible?
I know the answer but thats a pretty “loose” definition. Until they start enforcing, people will keep deducting.[/quote]
Even if they are already built, during the original M-R period you are still paying off the bonds that built them, so my take is that they would not be deductible.
Now, once the M-R period expires…if they continue on with a smaller, maintenance M-R (as many on here have theorized M-R districts will do) then that would be deductible as I read it.
I like the way the enclosed link says that streets and sidewalks are for local benefit. Next time I see an out-of-towner on a street or sidewalk in a M-R district, I’m gonna tell’em to get the hell off since they are for local benefit only.
