Talk of The Villages Florida - View Single Post - Latest Development in the IRS Tax-Exempt-Bond Investigation
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Old 07-29-2012, 05:29 PM
ilovetv ilovetv is offline
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I'm going to re-post this question I asked in post #219 quite awhile ago. I don't think my question has been answered by anyone.....

Quote:
Originally Posted by Advogado View Post
I hope that you are right about it being unlikely that the IRS's not prevailing, but, unfortunately, I don't think that we have any basis for that belief. ........
There is an analysis in the September 2009 edition: http://poa4us.org/bulletins_files/bulletin200909.pdf See later editions for subsequent developments, but that edition basically describes what is still at stake.


Quote:
Originally Posted by ilovetv View Post
From this link above (Sept. 2009 edition of POA bulletin), how does this part affect homeowners?

"These two Center Districts are The Villages Center Community Development District (VCCDD) and The Sumter Landing Community Development District (SLCDD). They encompass, respectively, the Spanish Springs and Lake Sumter Landing town centers. The Center Districts have only commercial properties, and are not the “numbered districts” in which our homes are located."

I understood (maybe wrongly) from prior posts that our amenities fees go for our residential district, not these commercial properties that have commercial, leased property occupants paying for them. Can someone clarify?