Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Has the IRS forgotten us? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/has-irs-forgotten-us-122995/)

mickey100 08-05-2014 03:02 PM

Quote:

Originally Posted by iaudit (Post 919170)
Slight problem here. Our amenity fees are being used to fight this, not Gary Morse.


Yes, unfortunately.

zcaveman 08-05-2014 08:57 PM

The IRS does not forget. They just let the interest on your case build up and then contact you a year later with the new interest charge.

Alt least that is what happened to me.

Z

Bonanza 08-05-2014 10:47 PM

Quote:

Originally Posted by iaudit (Post 919170)
Slight problem here. Our amenity fees are being used to fight this, not Gary Morse.

Quote:

Originally Posted by mickey100 (Post 919195)
Yes, unfortunately.

Excuse my ignorance, but do our documents permit our funds to be used for this purpose?

mulligan 08-06-2014 05:31 AM

Quote:

Originally Posted by Bonanza (Post 919375)
Excuse my ignorance, but do our documents permit our funds to be used for this purpose?

As long as the district boards are dominated by agents of the developer, they will vote to cover the legal fees. The district boards will not be turned over to the homeowners (south of 466) until the irs issue is settled.

iaudit 08-07-2014 12:01 AM

Quote:

Originally Posted by mulligan (Post 919409)
As long as the district boards are dominated by agents of the developer, they will vote to cover the legal fees. The district boards will not be turned over to the homeowners (south of 466) until the irs issue is settled.

Slight problem here also. The central districts will never be turned over to the residents.

janmcn 08-07-2014 07:54 AM

The district boards had a discussion on Wednesday before deciding to refinance bonds as early as September 8, and they discussed the situation with the IRS.


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