Quote:
Originally Posted by Russ_Boston
Lauren, Steve, V7, anyone help please:
Is this the bond that we know about when we purchase the home or is this something that is yet to come down the pike?
If it is the former then what the heck is Lauren talking about. Every new homeowner knows about the bond that can be paid off over the 30 years or just paid up front like any other home debt.
What am I missing?
Thanks for the help.
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This has everything to do with the devloper,he issued tax free bonds and the
IRS said he cannot do that,now the IRS wants the tax on that money and it is very possible it could be passed on to every home owner.
i know we all talk about about the bonds ,but this is something more serious.
So anybody with any comments about it should read the article in the Orlando Sun,there is also a small article in the POA,worth reading,and as usual there is nothing about it in The Daily Sun.