Talk of The Villages Florida - View Single Post - IRS vs VCDD Bonds
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Old 03-02-2009, 10:27 PM
Cassie325 Cassie325 is offline
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Quote:
Originally Posted by Bobbie2836 View Post
I agree with Cassie - it was a choice to live here. It still is my choice. If I didn't like it here, didn't want to live here, I'd leave here.

As I understand it, the IRS investigation has more to do with how the bonds are treated with regard to taxing... tax-free (as Muni bonds are) or not tax-free.

Its not MY call to make. Also, no matter what the decision is, it won't affect my tax returns.
Thanks Bobbie! However, I think I may have been mis-understood with the comment about buying was our choice.

I did indeed mean that it is our choice to buy a home in TV's....where there are Amenity Fees, Trash and water charges even if we are not full time residents. We were also told about the CDD and Bond's prior to buying a home here. We were told everything...whether we remember, absorb, listen or retain that information.

I do not think we have much to worry about in regards to the bonds and taxes. I could be wrong. Just a guess.
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