Talk of The Villages Florida - View Single Post - IRS Investigation - tax-free bonds
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Old 07-10-2011, 03:42 PM
mulligan mulligan is offline
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The irs/bond issue has nothing to do with amenities. The proceeds from the bond sales was used for infrastructure (water, sewer,irrigation mains,storm drains,curbs and paving). This would normally be rolled into the price of each home, but here, the expense is kept seperate in the form of a bond payment.
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