Talk of The Villages Florida - View Single Post - Daily Sun article: District updates position on IRS
View Single Post
 
Old 11-04-2012, 08:47 AM
Cantwaittoarrive Cantwaittoarrive is offline
Veteran member
Join Date: Jun 2012
Posts: 891
Thanks: 0
Thanked 6 Times in 2 Posts
Default

Quote:
Originally Posted by The Shadow View Post
The way I read this CDD's would no longer be able to issue tax free bonds, end of story. No penalties for previous bonds, homeowners, bond buyers or sellers or the recipient of large sums of money as a result of the bond sales.

Then what? After build out the developer would charge $50 for golf?
I agree and my guess is like you stated we would face "taxes" in the form of fees for things that are "free" now