Quote:
Originally Posted by janmcn
How will this latest ruling from the IRS effect the way the developer transfers all the facilities south of CR466 to the SLCDD? Will they be able to do it the same way they transferred all the assets north of CR466?
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Well, the dispute is still not resolved so I don't expect anything to happen yet. IIRC, the interest rate used for the bonds determines the developer's net on the transfer. The lower the rate, the greater the net.
So, on one hand, they may want to wait until the dispute is completely settled. But, on the other hand, they may want to transfer now while interest rates are low, since they are expected to rise later this year if you listen to the Fed.