[Taj44]

I agree with your assessment. From my observations, the POA truly represents the property owners.

[billethkid]

It sounds like someone has it in for TV:

http://www.tampabay.com/news/busines...cle1025975.ece

btk

[billethkid]

do absolutely nothing but protect their interests (most well run corporations do like wise). I can imagine that what ever TV has done has been well thought out. Who knows if they knowingly on certain issues decide for profit to skate on the thinner ice of right or wrong. But usually the smart entities who elect to do that are also smart enough to have funds sheltered some where in the event of a reckoning.

My guess is, TV is playing hard ball, as they usually do....there are as the Tampa article states, many other developers doing the same thing(s) more or less....hence that MAY be an opportunity for TV to fight city hall.

My guess is that no matter what the outcome TV residents will be isolated from financial impact. However, that well may be self serving biased, I hope so thinking.

btk

[jflynn1]

The POA did a great job of explaining exactly what is going on with the IRS lawsuits. The NewYork Times also provided great insight. You should really understand what your exposure is before you sign on the dotted line. A friend just purchased a new home here and tried to get the Villages to exclude any possible libility to the homeowner in the event the IRS wins.
The villages refused. They also purchased a model home and found out at the closing that because the house was built 11 months ago they only had a one month warranty.

[coach]

I find that hard to beleive that your friend purchased a model home and had only one month left on the warranty. If this is in fact true, the friend must be leaving out some details. Was the home purchased from the Villages and had it had no previous owner? When people buy the last few homes in a neighboorhood that is built out they may be buying a home that was built many months earlier. They get a new home warranty.

I don't beleive you have all the facts.

[Bogie Shooter]

Originally Posted by coach

I find that hard to beleive that your friend purchased a model home and had only one month left on the warranty. If this is in fact true, the friend must be leaving out some details. Was the home purchased from the Villages and had it had no previous owner? When people buy the last few homes in a neighboorhood that is built out they may be buying a home that was built many months earlier. They get a new home warranty.

I don't beleive you have all the facts.

I agree. There has to be more to this story.

[The Shadow]

I am surprised that 11 months of warranty is more important than the IRS issue. Go figure.

[golf2140]

How can we stop the POA from depositing their advertisement bulletin on our driveways? I get tired of putting the ones from our street in the trash can. Can't they just set up pick up sites.

[The Shadow]

Originally Posted by golf2140

How can we stop the POA from depositing their advertisement bulletin on our driveways? I get tired of putting the ones from our street in the trash can. Can't they just set up pick up sites.

If memory serves me, this month the POA discontinued publishing the monthly publication and opted for email copies only in order to have money to pay for legal council to look into the IRS problem.

If putting the POA paper in the trash can without reading it does not stop the IRS you might try making a donation to the POA.

[Muncle]

Originally Posted by jflynn1

The POA did a great job of explaining exactly what is going on with the IRS lawsuits. The NewYork Times also provided great insight. You should really understand what your exposure is before you sign on the dotted line. A friend just purchased a new home here and tried to get the Villages to exclude any possible libility to the homeowner in the event the IRS wins.
The villages refused. They also purchased a model home and found out at the closing that because the house was built 11 months ago they only had a one month warranty.

It's nice to see something pure in this discussion, and it is absolutely pure BS that the POA has added any information whatsoever re the IRS question. At best, they have paraphrased the details provided by Janet Tutt in the Daily Sun and printed on the CDD web site. http://www.districtgov.org/ They (POA) did respond pretty early on that the Ritchie articles were somewhat scaremongering with little or no basis in fact and urged TVers not to overreact. However, since their siding Armageddon seems to have chilled and their hospital jihad never got off the ground, maybe they need another cause (and income source?). I can't think of any other reason for the POA to be backing off their earlier sensible reaction and advice.

Months ago, the IRS was an on-going investigation with nothing but allegations from one side in the dispute. There were few facts to which both parties agreed and even fewer which could or should be discussed in the newspaper. That's what the legal system is for. And just because someone reiterates the same story in June, July, and August doesn't mean anything is happening in the case or that something should be done. And just because the NY Times jumps in late with a column that includes a threat from some 2 bit IRS investigator hardly makes them the great oracle.

And finally, if this situation worries potential buyers so much that they demand relief from liability on a case of which they are totally ignorant that is far from settled, may I suggest one of the many other retirement communities in the area and elsewhere. We don't need them.


`

[English Ivy]

Originally Posted by golf2140

How can we stop the POA from depositing their advertisement bulletin on our driveways? I get tired of putting the ones from our street in the trash can. Can't they just set up pick up sites.

I believe you and your neighbors can just call them and request they not deliver to your homes.

[Quixote]

Originally Posted by jflynn1

They also purchased a model home and found out at the closing that because the house was built 11 months ago they only had a one month warranty.

Ive been reading this Irs story for months but I cant figure out what this comment about the 1 month warranty has to do with the Irs story. What does it have to do with it?

[JimJoe]

Can anyone tell me why the villages did not get a private letter ruling before selling the bonds?
A private letter ruling can be sought from the IRS. It is my understanding it is a written statement issued to the taxpayer by the Internal Revenue Service in which interpretations of the tax law are made and applied to a specific set of facts. [The] [f]unction of the letter ruling, usually sought by the taxpayer in advance of a contemplated transaction, is to advise the taxpayer regarding the tax treatment he can expect from the I.R.S.

[PennBF]

It is hard to realize there are residents out there that are so negative in nature that they even attack the volunteers (POA) who are working at no cost to make sure residents get a fair shake. I will absoliutely guarantee you they will not offer to return any funds they may gain from the volunteer's efforts or say a "thanks" when they gain from their work. It reminds me of the old story to "Let George do it"..These are the ones who let George do it rather than to pitch in and help with the work. I would venture they do not have any idea of the risk of the IRS prevailing and the impact it would have on them. To demonstrate my point to say something like "that includes a threat from some 2 bit IRS investigator hardly makes them the great oracle." is the type of statement that shows how uninformed the writer is. If the writer believes the IRS investigator is some 2 bit person goes beyond the pale. Does the writer actually think the IRS Investigator has not reviewed his finding and position with his senior management? Does the writer actually think he [IRS investigator] is working in some vacumm? Does the writer actually think there is no possible financial risk to the property owenrs in The Villages? WRONG !!People can bury their heads in the sand but that does not make the problem go away. It is here and the POA is the group that keeps its head above the sand in order to work for those that bury their heads in the sand.

[Taj44]

Originally Posted by PennBF

It is hard to realize there are residents out there that are so negative in nature that they even attack the volunteers (POA) who are working at no cost to make sure residents get a fair shake. I will absoliutely guarantee you they will not offer to return any funds they may gain from the volunteer's efforts or say a "thanks" when they gain from their work. It reminds me of the old story to "Let George do it"..These are the ones who let George do it rather than to pitch in and help with the work. I would venture they do not have any idea of the risk of the IRS prevailing and the impact it would have on them. To demonstrate my point to say something like "that includes a threat from some 2 bit IRS investigator hardly makes them the great oracle." is the type of statement that shows how uninformed the writer is. If the writer believes the IRS investigator is some 2 bit person goes beyond the pale. Does the writer actually think the IRS Investigator has not reviewed his finding and position with his senior management? Does the writer actually think he [IRS investigator] is working in some vacumm? Does the writer actually think there is no possible financial risk to the property owenrs in The Villages? WRONG !!People can bury their heads in the sand but that does not make the problem go away. It is here and the POA is the group that keeps its head above the sand in order to work for those that bury their heads in the sand.

Your comments are right on track. We are so fortunate to have the POA working for us. Many people are burying their heads in the sand over this IRS issue, mistakenly thinking that the "Developer" in his goodness and mercy will be our benefactor. With such huge sums of money at stake, that viewpoint is absolute foolishness in my opinion. I welcome the POA bulletins as a way of keeping up with things. They are available online at: http://www.poa4us.org/