Quote:
Originally Posted by manaboutown
Chapter 8 of the book Leisureville, Government, Inc., is fairly informative about how The Villages is operated. It took me a few reads of the chapter to understand the CDD structure and from that what the IRS's position could be, but I think I finally absorbed it.
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Thanks manaboutown, I too have read that chapter and I still don't understand it. I have not lived anywhere with a CDD structure. It as well as the bonds are new to me. The villages is totally great and I love the place.