Community development bonds
It is important to read ,Laurens complete article, click on the
link she has provided,it may effect current and all future residents
as myselph.
I have been looking into these bonds as an investment an have found
the bond in question--VILLAGE CTR CMTY DIST FLA RECREATION REV BDS.
NOW TRDING AT AN UNUSUAL DISCOUNT AT $80.455 YEILD TO MATURITY
6.65 %.(AT TD WATERHOUSE )--cusip # 92706ncq4
I was wondering why such a discount,now i think i know..
Please read her entire article, sounds like future development and future
fees and house prices could be effected.
I will not try to explain it, for she has done a excellent job in doing that.
I have visited the villages 4 X and think it is a great place and will try to
sell my house in South Florida to move their so this article is very important
to me as well as you, all depends on the IRS ruling.
Please read her complete article before responding. Steve
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