Talk of The Villages Florida - View Single Post - Resales - furnished/unfurnished & taxes
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Old 05-20-2008, 09:58 PM
Time for Tee
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Default Re: Resales - furnished/unfurnished & taxes

We bought our home "Turn Key" in Aug. 2006. This was the start of the downturn in real estate in Fl. After we gave the Villages the down payment and closed the deal we signed a document that had the home separate from the furniture and all that this house contained.We paid one price for everything but only are taxed on the value of the home. It is a Courtyard Villa. Since this is a second home for us it was a great deal as we could move in without buying anything---not even soap! I believe it was used for the Village Lifestyle program and furnished by Southern Lifestyle in a French County style. Quality furnishings and the stove and everything else looked like new. They even left phones, maps, paper, dishwasher soap and on and on. Everything to clean with also so did not have to spend another dime for Vac cleaners, hammers, mops, pails, etc. Really was kind of strange.This was two years old and the only things that we felt we needed to do was landscape the front, side , and rear. That was fun since we are from the North and love the tropical plants. It worked for us since we did not want to sell our home in IL. We ALSO had a second home in Calif. so did not want the work or expense of moving everything. This worked for us!! You do not want to be taxed on the personal property so ask that it is in writing before you buy. 024