Quote:
Originally Posted by GrayGoose
It seems... IRS has been auditing... IRS believes It is believed.... This is a very complex issue Orlando Sentinel has an investigative reporter..... In this case the bond purchasers are least liable, the home buyers next, the VCCDDs next, and finally Gary Morse most liable..... That means.... Morse might be destroyed..... Unfortunately the VCCDDs have no money... way they can get money is to tax homeowners. That tax burden could amount to approximately an $18,000 assessment per household.....
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Gray Goose it may be helpful for you to read the long thread already posted. The basic conclusion is that it is way too early to tell what will happen.....maybe chicken little, will be chicken soup by then!