Quote:
Originally Posted by Russ_Boston
The bottom line for me is that all 6 of the developments that are mentioned in the article seem to share one very major component:
NONE of them finished selling the homes that were planned. To date TV has sold every (give or take 100 or so in some form of building stage) single home. Yes, if the homes that were planned are not sold then of course the CDD will have trouble paying the bond.
These are not CDD's that were finished and now are having trouble. Buying in FLA can be risky but after you do your homework I think you come to the conclusion that I did: TV seems like a safe bet.
Will it be desirable forever? That might be another question. But I don't plan to live forever 
Funny thing about the shadow's writing. It seems to be in the same style as Laureen Ritchie who used to post directly on this site. Hmmm! |
Nice post Russ: Hopefully this post will remove unnecessary fear from anyone concerned about the big bad IRS.
