Villages dispute with the IRS latest

[twoplanekid]

The IRS memo states “… we decided to close the examination with no change to the position that interest received by the beneficial owners of the Bonds is excludable from gross income.”

Found here at district site -> http://www.districtgov.org/images/IRSupdates/IRS%20Update%205-19-16.pdf

And this means...

[goodtimesintv]

"And this means....."

Looks like the IRS determined that the bonds were "municipal" in nature and were issued properly.

Full Definition of MUNICIPAL

1: of or relating to the internal affairs of a major political unit (as a nation)

2 a : of, relating to, or characteristic of a municipality; b : having local self-government

3: restricted to one locality


:rolleyes:

[graciegirl]

Mr. TwoPlane.

Golf is available all around you and is an interesting thing to do, especially since the nine hole is almost free of charge. You meet a lot of interesting people and the same course plays differently everyday. Some say it keeps your mind off of community issues which are handled pretty well here without us and allows most of us to go about life just playing and relaxing and enjoying things.

[Marathon Man]

:1rotfl:

[Challenger]

The IRS memo states “… we decided to close the examination with no change to the position that interest received by the beneficial owners of the Bonds is excludable from gross income.”

Found here at district site -> http://www.districtgov.org/images/IRSupdates/IRS%20Update%205-19-16.pdf

And this means...

Our IRS in action ------WOW

[twoplanekid]

I am looking forward to spending more time in the Villages and doing those things that I have always dreamed about doing. Politics!:welcome:

[Nucky]

Mr. TwoPlane.

Golf is available all around you and is an interesting thing to do, especially since the nine hole is almost free of charge. You meet a lot of interesting people and the same course plays differently everyday. Some say it keeps your mind off of community issues which are handled pretty well here without us and allows most of us to go about life just playing and relaxing and enjoying things.

I'm with you for certain! :coolsmiley::popcorn:

[CWGUY]

I am looking forward to spending more time in the Villages and doing those things that I have always dreamed about doing. Politics!:welcome:

Quick question... are you here or in Ohio with nothing to do? ;)

[Nucky]

Quick question... are you here or in Ohio with nothing to do? ;)

Isn't the whole idea to relax? I don't only want to change the scenery I never want to see another town council meeting on television or get deeply involved but I guess some people like it. More power to them. Things ran just fine without me and I have faith that they will continue to do so. I love the political interest that those before me show. It's also comforting to know that only a small percentage are on the wrong political team. Its just a joke calm down. I'm with you CWGUY good point!

[Bogie Shooter]

The IRS memo states “… we decided to close the examination with no change to the position that interest received by the beneficial owners of the Bonds is excludable from gross income.”

Found here at district site -> http://www.districtgov.org/images/IRSupdates/IRS%20Update%205-19-16.pdf

And this means...

here is the page you missed. After reading all the information on that site, prepare a summation and mail it to yourself for further reference.:thumbup:
Village Community Development Districts (http://districtgov.org/IRSupdate.aspx)

[twoplanekid]

When retired and then down in the Villages, if I run and loose, so what. It seems like the perfect time to try and not worry about losing a job. There is an opening in District 9 for an alternate member to serve on the Architectural Review Committee. However, I must wait to live here for a full year and then hope for an opening for something in District 10.

And, I suppose I will be advised to not post to talkofthevillages while in office. Vote for me to stop my postings. :wave:

[Barefoot]

Nevermind.

[Nucky]

Oh boy we have a COLD front passing thru this evening!

[CWGUY]

Nevermind.

edited.... does that mean you are not moving. ;)

[Topspinmo]

When to Funeral today! The IRS interest in the villages just died!:0000000000luvmyhors:popcorn:

[Barefoot]

edited.... does that mean you are not moving. ;)
Busted! :laugh:

[janmcn]

The IRS memo states “… we decided to close the examination with no change to the position that interest received by the beneficial owners of the Bonds is excludable from gross income.”

Found here at district site -> http://www.districtgov.org/images/IRSupdates/IRS%20Update%205-19-16.pdf

And this means...


The developer has been promising to turn the facilities in Districts six through ten over to the residents as soon as this IRS case was settled. It appears that time has arrived.

[graciegirl]

I am NOT a fan of anything being turned over to the populace. You get people running for office that would rather do that than play golf. That is just sick.

[ColdNoMore]

Yeah twoplanekid, what in the world are you thinking?

Don't you understand that the government/developer/(insert other ruling entity here), knows a heck of a lot more about what you want and what is good for you than you do? :oops:

[twoplanekid]

Having work in the private sector for most of my life except for three years in the military, I have received a green light from my wife to do things a little bit differently when we move permanently to The Villages. She had always insisted that I stay out of public life which in retrospect has keep me focused on my business. However, public service is a good thing and if I have the opportunity to serve I will no matter what my age might be.


The Villages is managed by good people who work in both private and public entities. Many volunteer their time to help in public service positions which helps us all. For some, life isn’t all about golf or pickleball.

P.S. I am not directing these comments to any specific person as that would be against the rules of this forum! It's just my beliefs.

[goodtimesintv]

Having work in the private sector for most of my life except for three years in the military, I have received a green light from my wife to do things a little bit differently when we move permanently to The Villages. She had always insisted that I stay out of public life which in retrospect has keep me focused on my business. However, public service is a good thing and if I have the opportunity to serve I will no matter what my age might be.


The Villages is managed by good people who work in both private and public entities. Many volunteer their time to help in public service positions which helps us all. For some, life isn’t all about golf or pickleball.

P.S. I am not directing these comments to any specific person as that would be against the rules of this forum! It's just my beliefs.

I suggest you live here full-time for at least 4 years before running for district office.

Before you can represent a constituency with insight, you need to know how they live, think, play and budget themselves, and how they interact with newcomers, guests and relatives of all ages.

Without such insights learned by living here, it looks only like an urge to govern and lord over others.

.

[justjim]

I suggest you live here full-time for at least 4 years before running for district office.

Before you can represent a constituency with insight, you need to know how they live, think, play and budget themselves, and how they interact with newcomers, guests and relatives of all ages.

Without such insights learned by living here, it looks only like an urge to govern and lord over others.

.

I agree one needs to actually live here a while before representing the residents in a District Office, however four years might be a bit long. Anybody willing to serve is more than welcome as most of us are "truly" retired. It's not we don't care----it's more like let "Jim" do it.

[twoplanekid]

I suggest you live here full-time for at least 4 years before running for district office.

Before you can represent a constituency with insight, you need to know how they live, think, play and budget themselves, and how they interact with newcomers, guests and relatives of all ages.

Without such insights learned by living here, it looks only like an urge to govern and lord over others.

.


For most if not all Village elected or appointed positions, a full one year residency is required. If only by happenstance, I have rented for one winter season and spent the last two winter seasons in the house I purchased in Dec. of 2014. This time doesn’t count but is good experience nevertheless.

Since Oct. of 2014, this forum has given me almost a lifetime of experience with Village people. :smiley:

[Bogie Shooter]

Experience yes, but have you learned anything?

[twoplanekid]

:bigbow:

[goodtimesintv]

For most if not all Village elected or appointed positions, a full one year residency is required. If only by happenstance, I have rented for one winter season and spent the last two winter seasons in the house I purchased in Dec. of 2014. This time doesn’t count but is good experience nevertheless.

Since Oct. of 2014, this forum has given me almost a lifetime of experience with Village people. :smiley:

Until you have seen and lived with next-door neighbors and the whole street (who have been caring, loyal friends) start arguing and then full-blown battling about driveway painting/ coatings, pricing and contractors and then reporting a neighbor whose contractor wasn't chosen by the neighbors on the committee; choosing cyv paint color combinations for the ARC to approve and then some homeowners defy the rules and go ahead and paint with unapproved colors anyway; or calling ARC every time a neighbor plants something the caller doesn't like; or neighbors nag constantly about a landlord's property managers not keeping the property in good condition; or calling Community Watch every time a dog is walked by and a plastic bag for poop isn't visible in the hands of the dog owner...

....you can't possibly know what insights are needed to represent the neighbors reasonably and impartially.

Your wife will thank me for telling you this.

[photo1902]

Having work in the private sector for most of my life except for three years in the military, I have received a green light from my wife to do things a little bit differently when we move permanently to The Villages. She had always insisted that I stay out of public life which in retrospect has keep me focused on my business. However, public service is a good thing and if I have the opportunity to serve I will no matter what my age might be.


The Villages is managed by good people who work in both private and public entities. Many volunteer their time to help in public service positions which helps us all. For some, life isn’t all about golf or pickleball.

P.S. I am not directing these comments to any specific person as that would be against the rules of this forum! It's just my beliefs.

Your posts are welcome here, TPK. Don't let the village elders bully you as to what you can post.

[janmcn]

Your posts are welcome here, TPK. Don't let the village elders bully you as to what you can post.


Here, here. The Villages needs more open-minded people in government, those that can look at both sides of an issue and aren't totally brainwashed.

[graciegirl]

Here, here. The Villages needs more open-minded people in government, those that can look at both sides of an issue and aren't totally brainwashed.


Jan.

My fear is that somebody will get a big tide goin' to make this a "regular" community with all of the usual pitfalls and the usual hike in taxes because of expenditures for this and that that are the whims of the isolated few. There are some who have stated that they would like to see the CDD form of government abolished, and I personally think that it works here better than the traditional form of government. There are some who dislike the family, and the family's control simply because they are envious of their huge financial success. I would be skeptical too, if I thought for a minute we weren't getting a lot for our investment.

I can understand someone truly seeing the need for a change to happen if they saw a problem, but it worries me when someone just wants to change things to put their mark on history.

Maybe a fifteen mile an hour speed limit for golf carts would be better, maybe more lights along the paths would be better, maybe not driving your golf cart after dark would be better, and maybe we should have a license plate on golf carts and a police force paid by us.

Being a fiscal conservative and a person who doesn't like big government, I would shy away from those kinds of things, but just like so many of us senior citizens, I won't live forever.

I do know that I have seen people in other homeowner's associations make a complete shambles of a good thing because they had no general knowledge of running a homeowners association and would lobby for their very personal wants.

We all have value systems about what we think is acceptable to spend money on and who to spend money on and that makes for a lively debate in state and local and national government. But I wish that we wouldn't have to worry about a big change here. I think it is as good as it can get.

[Bogie Shooter]

Jan.

My fear is that somebody will get a big tide goin' to make this a "regular" community with all of the usual pitfalls and the usual hike in taxes because of expenditures for this and that that are the whims of the isolated few. There are some who have stated that they would like to see the CDD form of government abolished, and I personally think that it works here better than the traditional form of government. There are some who dislike the family, and the family's control simply because they are envious of their huge financial success. I would be skeptical too, if I thought for a minute we weren't getting a lot for our investment.

I can understand someone truly seeing the need for a change to happen if they saw a problem, but it worries me when someone just wants to change things to put their mark on history.

Maybe a fifteen mile an hour speed limit for golf carts would be better, maybe more lights along the paths would be better, maybe not driving your golf cart after dark would be better, and maybe we should have a license plate on golf carts and a police force paid by us.

Being a fiscal conservative and a person who doesn't like big government, I would shy away from those kinds of things, but just like so many of us senior citizens, I won't live forever.

I do know that I have seen people in other homeowner's associations make a complete shambles of a good thing because they had no general knowledge of running a homeowners association and would lobby for their very personal wants.

We all have value systems about what we think is acceptable to spend money on and who to spend money on and that makes for a lively debate in state and local and national government. But I wish that we wouldn't have to worry about a big change here. I think it is as good as it can get.

Don't forget those who look for a problem when none exists.

[Moderator]

The topic of this thread is the IRS dispute with The Villages. Please return to that topic. If you wish to start a new thread about serving on a CDD board or other committee, please feel free to do so. Off topic posts from this point will be deleted.

Best Regards

Moderator

[manaboutown]

Hopefully it will soon be fairly and finally entirely resolved.