Quote:
Originally Posted by terrieb
My husband and I have been going back and forth renting houses in the Villages to get a feel for life here. Then I read a few articles about the IRS and the Villages management in a battle over back taxes and the bonds implemented when you purchase a home saying they (the Villages management have no authority to initiate this bond). For fear of retrobution and or additional monies being tossed to the residents to have to pay, we have decided to not move here solely for that reason. Also, we hear there are so many "ammenity fees" that you pay just to live in the Villages. Is there information on this IRS issue I can review and how many "fees" does one pay just to live in the Villages?
I would appreciate input from anyone!!!
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A couple points of clarification and a question:
The IRS doesn't question TV's authority to issue bonds. The IRS is reviewing whether revenue bonds issued on the sale of the amenities should have qualified as
tax-exempt, and is questioning the valuation used.
There's only one "amenities" fee, but there are additional fees. There is an annual maintenance assessment and a one-time bond on each home in TV that is paid over a 30-year period.
Other fees and restrictions may apply. See store for details. Not valid with other offers. 
(You get an outstanding quality of life and lots of excellent amenities for these charges, in my opinion. They're just not free.)
What do you mean by fear of retribution?