Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-03-2010, 06:54 AM
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Default Thank You Ms Ritchie

I have not purchased a home yet. I thought if a bought in Lake County I would avoid this "Bond" issue. I now know I was wrong. This affects anyone who pays the amenity fee. I read somewhere in TOTV that the cost per home could be $17k-20k. Not sure who came up with the figure. I wonder what this will do to home values if the IRS prevails. I still like the Villages and will take the possible added cost into account. "You can't take it with you and my heirs don't need it". I just need enough to get to the end!