Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Exactly, but in a nutshell, as explained in the POA article that I cited above, the following is the RISK to Villagers: If an IRS victory imposes huge costs on the Center Districts, the Center Districts. (which own the amenity facilities not still owned by the Developer) will not have sufficient funds to continue to provide the amenities promised us by the Developer.
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#17
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Quote:
And please don't forget the IF, those who read the above.
__________________
It is better to laugh than to cry. |
#18
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The current IRS issue stared 3 years ago and I think one started earlier than that. What puzzles me is the IRS rules/laws are a given The Village criteria has not changed and 2+2 is still 4, I see nothing that looks like a shell game, the facts being the facts the answer I would think would be a given.
But what do I know, I am the one that thinks a marriage is a couple consisting of a man and a woman. |
#19
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The one negative impact on us that is certain is that our amenity fees are, in effect, now paying for the Center District's attorney to defend transactions that were structured to benefit the Developer. I won't get into the marriage issue. |
Closed Thread |
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