Quote:
Originally Posted by Advogado
In a nutshell, the IRS is sticking with its initial determination that the VCCDD is not a political subdivision authorized to issue tax-exempt bonds. For more detailed information, you can read the summary on page 3 of the November Property Owners' Association Bulletin.
We still have not received any assurance from the Developer that a negative outcome will not affect the continuation of our amenities. (If you haven't been following the matter, the risk to Villagers, put simply, is that the imposition of a huge tax cost on the VCCDD will make it financially impossible for the VCCDD to continue to furnish our amenities.)
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Don't say anything Gracie.
Don't say anything Gracie.
Count to 100.