Talk of The Villages Florida - View Single Post - Latest on IRS tax exempt bond issue
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Old 05-23-2014, 08:56 PM
Steve9930 Steve9930 is offline
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Quote:
Originally Posted by mulligan View Post
Bonds for infrastructure which you see on your property tax bill are issued as each district is built. These are the cdd's The district that purchased the amenities (priced correctly or not) is the VCCDD which has no residences in it's area of responsibility, only commercial property. The CDD"S are 100% residential areas.
So which bond is on the tax bill, the ones for the infrastructure? Then which bond is the IRS questioning?