Talk of The Villages Florida - View Single Post - Is the Dispute with the IRS Finally Over?
Thread: Is the Dispute with the IRS Finally Over?
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Old 06-23-2015, 07:32 PM
Jim 9922 Jim 9922 is offline
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Quote:
Originally Posted by Advogado View Post
No, the new bonds are being issued as taxable ones.
No problem for the developer either way (new bonds). The new home buyers are on the hook for interest and principal, so what does the developer care if the interest is a point or two higher? It is the buyer who carries the load!
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