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 06-24-2015, 08:28 AM
NJblue NJblue is offline
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Quote:
Originally Posted by Jim 9922 View Post
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!
It is not just new home buyers that would pay higher interest rates. Since these bonds are for purchase of amenities (unlike the bonds issued for streets/sewers, etc.), all Villagers pay for the loans through their amenity fees.