Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-03-2010, 06:08 PM
BobKat1 BobKat1 is offline
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Quote:
Originally Posted by The Shadow View Post
If the developer is not divulging this information to the buyers and the IRS torpedoes the TV destroying the lifestyle will the developer be inviting lawsuits from 30,000 (my number) shafted home buyers.
Good point.

My guess (an uneducated guess only) is that they probably receive legal advice on such issues and go with that.

No doubt some risk(s) involved with such a stategy if that is the case.