Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 03-09-2009, 08:09 PM
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Quote:
Originally Posted by katezbox View Post
Hi Batman,

I hear you - but the $50M is not pure profit to the developer. It is an amount to represent the net present value of the earnings stream that the facilities would generate. If you were to sell a business, you would not sell it based on assets less liabilities. The increased amount that you would want would include the hard work you have put into the business that will generate future earnings.

k
What is the difference between "pure" profit and profit?
Did the IRS preliminary ruling think it was a fair price?
What revenue stream do facilities in the villages generate?