Talk of The Villages Florida - View Single Post - IRS Questions
Thread: IRS Questions
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Old 08-05-2009, 10:48 AM
PennBF PennBF is offline
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Exclamation Irs

I understand the IRS was not involved in either of the suits that were brought by the POA. Allegedly the first suit was to restore the contracts which were agreed to when the original property owners bought and which there was an attempt to cancel them and the second involved the lack of maintenance dollars set aside, (e.g.the Paradise CC, etc.). Not sure of the details on this. In both cases the POA prevailed in the courts and the property owners were the real winners. I agree with you, I do know understand why everyone does not belong to the POA since it is a basic organization without conflicts which represent the owners.