Quote:
Originally Posted by Bizdoc
Reading this made a light bulb (albeit a dim one) go. Part of the dispute with the IRS is whether or not the VCDD is a "public entity". The IRS argues that it is not and thus can't act like a public entity.
However, if the State of Florida weighs in by insisting that the piece of land is now owned by a public entity (and thus must be publically accessible), then it makes the IRS case much weaker. The VCDD can't be public sometimes and private sometimes.
As long as the lot is owned by the developer, it is "private property" (remember that assertion from Monday?).
Of course, I could be wrong. Never said that I was a lawyer (which I am not). And I sure am not foolish enough to sue a billionaire with a staff of lawyers just waiting for something to do.
And if you really feel compelled to "do something" send EdV, Mr Brown, and the nice folks at Harbor Chase flowers for being kind and supportive when they did not have to be.
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Life is like a box of chocolates, never know what your going to get.....:-)