Talk of The Villages Florida - View Single Post - I.R.S. Rules Against The Villages
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Old 06-08-2013, 11:03 AM
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Quote:
Originally Posted by rubicon View Post

..... the biggest issue is that the reason we have all of these questions is no one has stepped up to say that if the worse occurs it will not monetarily affect resident. and before anyone suggest that no one knows then i would counter with then let us know what you already know as you have progressed in your fight against the IRS because surely you have laid out the possible scenarios both if you win and if you lose as to the financial implication and the sources of income to remedy a potential tax penalty and whom it will fall upon. Residents can face the realities and have them embrace them or ignore reality and have it work against them
Good post Rubicon. This would allow current residents to better understand "worst case/best case" scenarios, and the possible financial implications. Having said that, I can understand that the Developer doesn't want to publish any information that could possibly lessen the enthusiasm of prospective purchasers. Although I personally think the demand will always be there for this beautiful retirement community.
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