Talk of The Villages Florida - View Single Post - IRS Investigation - tax-free bonds
Thread: IRS Investigation - tax-free bonds
View Single Post
 
Old 07-11-2011, 05:21 PM
l2ridehd's Avatar
l2ridehd l2ridehd is offline
Sage
Join Date: Dec 2007
Location: Bridgeport At Miona Shores
Posts: 3,603
Thanks: 1
Thanked 353 Times in 122 Posts
Send a message via AIM to l2ridehd
Default
No matter how you do the math and even taking the worst possible case where they decide to penalize every home owner here. Which I would believe is not possible. I also believe if the did that there would be a huge class action lawsuit. So very worst case taking the most severe IRS penalty it would be someplace between $1000 and $2000 on each Villages home.

Agree no one wants that and they would have to treat the payback over time, even the worst possible case is not worth not living here.
__________________
Life is to short to drink cheap wine.