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Originally Posted by smsgtdaves
So after reading everything I'm guessing this will be a long drawn out process that somebody is going to win, probably the lawyers, and somebody will loose, I hope not the residents. So before we make a move we have to do due dillagence and hope for the best. It is a shame that this effects my thoughts about The Villages and probably a lot of other people. I thought we found it, whatever that is.!
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I think that is it in a nutshell. But to be fair, I don't think it is just The Villages, there are some other retirement communities set up the same way? Someone please correct me if I'm wrong.
The developers have a lot of money to fight the IRS, so I expect the process will be long and drawn out, and maybe some compromise will be reached. Money talks.