Quote:
Originally Posted by dillywho
I don't understand all the animosity toward the Developer(s). My son lived in a condo in Jacksonville for several years (just finished building a new house) and his HOA fee was right at $200 a month with no rec centers and all they offer, one outdoor pool, no golf courses at all, and one "party room". They were saddled with many more restrictions than we have here, as well....no grills, no pets, etc. Seems like we have it pretty good here. By the way, don't know if his community is controlled by an HOA or not now. I will have to ask about that.
As for the bond, when we came here in 2004, the bond structure WAS explained thoroughly to us. No problem.
The reason for the title? Given their own troubles and shenanigans, WHY would you trust the IRS more than the Developer(s)? Or Ritchie, for that matter? She seems to have her own agenda and it is definitely anything but favorable to us. Seems Orlando has enough problems of its own without worrying about us. Why is she not writing about the truly "gated" communities there with all their crime occurring? What are they getting for their monies?
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No one said they trust the IRS more than the Developer. But the IRS enforces the laws. In fact, their missions to serve the American public investigating potential criminal violations of the Internal Revenue Code and related financial crimes. The issuance of the tax free bonds by the districts is in violation of the law. Sorry if you don't the like IRS and the criminal code, but they certainly have the upper hand here.