Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-05-2010, 06:33 PM
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Quote:
Originally Posted by pauld315 View Post
the one thing that concerns me the most about this is TV's lack of divulging the information to the buyers.

They have the latest that they know about the IRS on the district gov website. What other info are they not divulging? Do you know of something?

Everyone who buys here is given the info about the normal bonds and the maintenance bonds and the amenity fee. They run a district government meeting (monthly? - someone help here). The district setup is given on the district website.

Obviously they thought they could issue the bonds as non taxable. If the IRS says no then they have to make amends.

As a new buyer I think I'm informed - NO?