Quote:
Originally Posted by watersdw
My wife and I are "potentially" on the verge of buying property in TV and were wondering what the general thought was about the recent news on the IRS tax free bond issue? Is there trouble ahead? Do most people think the impact to homeowners is minimal? I would love to get some input from current residents and am surprised to see nothing here already.
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This has been discussed for years in other threads and nobody really knows the outcome.
But we do know one thing for certain. We don't live forever, and most people we've met here said the only thing they should have done differently was to come here 10 years sooner (or more).
I'd buy a moderately priced home in TV, under $200,000, which is a low-risk purchase, and live my life while I have my good health and spouse with me to enjoy what we worked and saved for for the last 40 years.
Or I would rent a nice place on a long-term, annual lease.
CPA's, tax attorneys, and bond sellers who have never heard of TV, or who prefer their million-dollar places in Naples as our CPA and lawyer friends do, are
not knowledgeable enough to advise on the value of
living in TV.