Quote:
Originally Posted by Stantheman
Lauren,
My guess says Mr. Morse settles the issue, pays the penalty, reimburses the VCDD for the difference in interest rates between tax-free and taxable bonds for the 2003 facilities sales , and establishes a more defendable yet profitable evaluation process going forward for a considerable amount of future facilities sales.
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Me again. This is what I said yesterday. Todays taxed bond rates may be less then the tax-free bond rates from 03. Maybe because of the tanked economy it may be a wash if this is part of the outcome.
But why are people trying to figure an outcome when theres no way to have a clue what the outcome can be. Its almost like there are people like the Orlando paper who are deliberately stirring up things pretending to be reporting, and for some villagers they are suceeding. Maybe they are looking to sell more papers or maybe there own policies are showing in this negative so-called reporting.
I think there are people who resent Mr. Morse's great personal financial success even though he is building a quality product and from what I read there are people, even inside the Villages who enjoy living there, who will knock him down no matter what he does. If hes wrong on this IRS thing, thats between him and the IRS. Why are people getting so upset when theres no facts or outcome yet to be upset about.
Someone said something about a "IRS victory." This is a strange way to put it. This isnt a war, this is a matter of law. And the law will sort it all out, Im sure.