[Niels]

Very well put Villages 07. :bigthumbsup:

I guess the only way this would affect people currently living in The Villages is if they had actually purchased these bonds as an investment. If the IRS determines that the interest is taxable, then the bonds will certainly go down in value and the investors would have to report the interest as taxable income. The article appears to indicate that some people currently living in TV owned some bonds but I would imagine it would be very few people.