Talk of The Villages Florida - View Single Post - The Villages and the IRS. From Lauren Ritchie
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Old 09-06-2010, 07:55 AM
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The problem with notification, as I see, it is WHAT should be notified? The IRS has made no ruling - it is just an open question. It would be different if there was a huge lawsuit from someone that was hanging.

As far as being an educated consumer - duh! Shame on anyone who doesn't do enough homework to satisfy themselves. Through websites like this one all the issues are brought forth and then you do your research. To be fair many people don't really care and that is fine too. But don't blame the developer for not disclosing something that they do not have to disclose. For all we know the IRS might just say that everything is OK. And if not it is not the end of TV as we know it.