Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Latest Development in the IRS Tax-Exempt-Bond Investigation (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/latest-development-irs-tax-exempt-bond-investigation-40713/)

kentucky blue 08-01-2011 08:59 AM

Quote:

Originally Posted by hforward (Post 376331)
You guys all just managed to put my house build on hold for another year if at all.

My sales rep has told me nothing about this matter. For some reason two days ago the wife and I canceled our December build date.

We had absolutely no reason why we just felt something uneasy?

Now after reading 7 pages of this issue I feel ill about the whole matter.

Would be like me selling you all a brand new car saying the warranty will take care of it, knowing full well the vehicle was designed as a flaw and will never be right. Oh wait that would be GM they did that!

Maybe 200 inches of snow isn't that bad after all. At least no one is here going to take my home fine me or tax me on someone elses greed.

Well I have a year to see where this is playing out before we let the lot go.

I appreciate all the good articles to date. I might be in a panic or you guys might have saved us from a future retirement financial nightmare.

When we look back on our lives, we will be more disappointed by the things we didn't do, than by the ones we did.I researched this issue until i was blue in the face(Kentucky Blue) and based my decision on living the life i imagined for myself.I based my decision on all the information i accumulated and it's logical consequences. I decided i'm not waiting for the IRS to make it's final decision, could be years away,and nobody knows the outcome. I'm not putting my life and dreams on hold. Remember, it's the life in your years that counts, and we are not getting any younger, except maybe Gracie:D

Russ_Boston 08-01-2011 09:05 AM

Quote:

Originally Posted by kentucky blue (Post 376378)
When we look back on our lives, we will be more disappointed by the things we didn't do, than by the ones we did.

Awesome thought! I'm going to use that one.

cabo35 08-01-2011 10:12 AM

It is sad to see that the usual suspects, by thoughtless accident or sinister design, continue to tacitly discourage those considering buying or building in the Villages as evidenced in this thread. You have to wonder how many future Villagers have turned away as a direct result of their unsettling, acid speculative rants. Oh....for sure they have an absolute right to their unbalanced suppositions and "right to know" warnings. However, at what point does their myopic conjecture do actual harm to the collective interest of the community as a whole. Open forums are a brilliant exercise in democracy. Unfortunately, in the heat of debate, real consequences and responsibility are sometimes absent from the equation.

I recall that Advogado has offered a clearly defined and articulate overview of the IRS issue. I believe I complemented him on that in this forum. However, I take vigorous exception to his abundant guess work and "what ifs" about an outcome that cannot be predicted because the entire subject is without significant precedent. Accordingly the bombardment of worst case scenario inferences based on incomplete information seems to be the predicate for gloomy cynicism. Others eagerly join the bash and aggressively perpetuate the most negative illusions about the matter in the worst possible terms to vicariously satisfy their "glass half empty" pessimism and/or their desire for an " I told you so outcome". What if The Villages win? With tongue-in-cheek.........do I get to say I told you so? Unfortunately those who based their decision on negative speculative outcomes by amateurs will have lost a great opportunity......while the critics continue to enjoy their own full access to the benefits of being Villagers. That presumes, of course, all the critics actually live in The Villages.

To advocate without doing harm would be a refreshing and welcome alternative.

As I have said before, "To those of you on the fence, be of good cheer and make the move. If we had waited six years ago for the perfect scenario.....we would have missed out on six years of enjoying new friends, great new neighbors, a fabulous lifestyle and what have become the best years of our lives."

Kentucky Blue......boy......did you nail it.....and with a magnificent economy of words....well done.

villagegolfer 08-01-2011 10:28 AM

Quote:

Originally Posted by cabo35 (Post 376400)
It is sad to see that the usual suspects, by thoughtless accident or sinister design, continue to tacitly discourage those considering buying or building in the Villages as evidenced in this thread. You have to wonder how many future Villagers have turned away as a direct result of their unsettling, acid speculative rants. Oh....for sure they have an absolute right to their unbalanced suppositions and "right to know" warnings. However, at what point does their myopic conjecture do actual harm to the collective interest of the community as a whole. Open forums are a brilliant exercise in democracy. Unfortunately, in the heat of debate real consequences and responsibility are sometimes absent from the equation.

I recall that Advogado has offered a clearly defined and articulate overview of the IRS issue. I believe I complemented him on that in this forum. However, I take vigorous exception to his abundant guess work and "what ifs" about an outcome that cannot be predicted because the entire subject is without significant precedent. Accordingly the bombardment of worst case scenario inferences based on incomplete information seems to be the predicate for gloomy cynicism. Others eagerly join the bash and aggressively perpetuate the most negative illusions about the matter in the worst possible terms to vicariously satisfy their "glass half empty" pessimism and/or their desire for an " I told you so outcome". What if The Villages win? With tongue-in-cheek.........do I get to say I told you so? Unfortunately those who based their decision on negative speculative outcomes by amateurs will have lost a great opportunity......while the critics continue to enjoy their own full access to the benefits of being Villagers. That presumes, of course, all the critics actually live in The Villages.

To advocate without doing harm would be a refreshing and welcome alternative.

As I have said before, "To those of you on the fence, be of good cheer and make the move. If we had waited six years ago for the perfect scenario.....we would have missed out on six years of enjoying new friends, great new neighbors, a fabulous lifestyle and what have become the best years of our lives."

Kentucky Blue......boy......did you nail it.....and with a magnificent economy of words....well done.

Man, you sure can write.The best I could do is the covered wagon scenario.:beer3:

graciegirl 08-01-2011 10:54 AM

Quote:

Originally Posted by The Shadow (Post 376375)
Is it correct/accurate to interchange the term “Morse organization” and Developer with CDD? Is the issue not with the IRS and the CDD?

I don't know Shadow. Is it correct?

The person who writes for the Orlando Sentinel.....

Is that Laura Richards? I can't remember her name.:D

It is hard to figure out who is who and what they really stand for on this forum.

Except Cabo. He says it like it is.

graciegirl 08-01-2011 10:55 AM

Quote:

Originally Posted by cabo35 (Post 376400)
It is sad to see that the usual suspects, by thoughtless accident or sinister design, continue to tacitly discourage those considering buying or building in the Villages as evidenced in this thread. You have to wonder how many future Villagers have turned away as a direct result of their unsettling, acid speculative rants. Oh....for sure they have an absolute right to their unbalanced suppositions and "right to know" warnings. However, at what point does their myopic conjecture do actual harm to the collective interest of the community as a whole. Open forums are a brilliant exercise in democracy. Unfortunately, in the heat of debate, real consequences and responsibility are sometimes absent from the equation.

I recall that Advogado has offered a clearly defined and articulate overview of the IRS issue. I believe I complemented him on that in this forum. However, I take vigorous exception to his abundant guess work and "what ifs" about an outcome that cannot be predicted because the entire subject is without significant precedent. Accordingly the bombardment of worst case scenario inferences based on incomplete information seems to be the predicate for gloomy cynicism. Others eagerly join the bash and aggressively perpetuate the most negative illusions about the matter in the worst possible terms to vicariously satisfy their "glass half empty" pessimism and/or their desire for an " I told you so outcome". What if The Villages win? With tongue-in-cheek.........do I get to say I told you so? Unfortunately those who based their decision on negative speculative outcomes by amateurs will have lost a great opportunity......while the critics continue to enjoy their own full access to the benefits of being Villagers. That presumes, of course, all the critics actually live in The Villages.

To advocate without doing harm would be a refreshing and welcome alternative.

As I have said before, "To those of you on the fence, be of good cheer and make the move. If we had waited six years ago for the perfect scenario.....we would have missed out on six years of enjoying new friends, great new neighbors, a fabulous lifestyle and what have become the best years of our lives."

Kentucky Blue......boy......did you nail it.....and with a magnificent economy of words....well done.

bumping this excellent post ahead of my not so nice one.

The Shadow 08-01-2011 11:29 AM

Quote:

Originally Posted by graciegirl (Post 376407)
bumping this excellent post ahead of my not so nice one.

But it was honest; you apparently don’t have a clue. :laugh:

collie1228 08-01-2011 11:34 AM

Shadow, that wasn't necessary. I cringed when I read it. I won't tell you how that comment made me feel towards you, but it would have been honest.

chuckster 08-01-2011 11:55 AM

He also wrote, shall we say, slanted posts (being kind) on POA site when they had an interactive site (no more). Just seeing his name could predict the content...............................

Advogado 08-01-2011 12:20 PM

Analysis versus name-calling
 
Quote:

Originally Posted by chuckster (Post 376425)
He also wrote, shall we say, slanted posts (being kind) on POA site when they had an interactive site (no more). Just seeing his name could predict the content...............................

It would be nice if, instead of just telling me that I have a lousy attitude, you would educate me by telling me exactly where my analysis is wrong. The IRS investigation is indeed complicated. But I think that it behooves residents to try to understand basically what is going on and has gone on rather than to just pretend that the potential for some serious problems does not exist.

Incidentally, the "Engineer's Report" referred to in the Daily Sun article that provoked my first post in this thread still has not appeared in the districtgov.org website. Let's hope it does soon since it will probably throw some much-needed light on the latest developments in this saga.

ilovetv 08-01-2011 12:32 PM

Quote:

Originally Posted by OpusX1 (Post 376357)
There is one thing everyone is missing. The issuance of tax free bonds requires special lawyers, Bond Consul, Bond Consul writes the bonds and the bonds are approved by The IRS as non taxable bonds prior to being sold.
If a mistake is made by Bond Consul causing the IRS to claim the Bonds as taxable then Bond Consul and their insurance are as much on the line as the issuer of the bonds. There are many deep pockets in front of the residents. .......

This is exactly what I've thought all along. These "non-taxable" bonds had to be legally approved for selling them as such, and if the lawyers/bond consul made a mistake in saying they were "non-taxable" under IRS rules, it would be malpractice on their part.

Why would we home buyers be liable for a seller's misrepresentation to us?

The Shadow 08-01-2011 01:01 PM

Quote:

Originally Posted by chuckster (Post 376425)
He also wrote, shall we say, slanted posts (being kind) on POA site when they had an interactive site (no more). Just seeing his name could predict the content...............................

Well Skippy I am here to testify, this individual known as “The Shadow” has never posted on any other web site including the POA. I have seen the name in a news paper site, it was not me. Just for the record.

I do not consider this question to be slanted,

Quote:

Is it correct/accurate to interchange the term “Morse organization” and Developer with CDD? Is the issue not with the IRS and the CDD?
You think my posts are slanted, to me people that say the above are intentionally misleading the people that have tuned in late.

Leafpoker 08-01-2011 01:11 PM

Lots of clouds
 
We have lots of folks that are not seeing the clouds. I will never attack someone for there beliefs or thoughts. The sun does shine thru the clouds and the sun being the fact that. The IRS is on the hunt for the folks in the villages. Be it homeowners, lawyers, the morses, or even the guy who dances like a wild man on the square. When the IRS sinks there claws in you they win. The morses can be republicans, the lawyers can mess up, even bill the dancer can turn his pockets inside out and show he has no $$$. In the end we the homeowners will pay. As far as the salesman telling the truth about this. That will never happen. It is a character issue, just like the folks who sold the bonds without informing us. Being honest and open goes long way. If salesman and the board did these dishonest things, why should we trust them to tell the truth on anything else.
Like Troy says: you can step in gator dung, and then wash it all off ur shoe, but you never get the smell out.
These salesman and the board, can wash all they want, but they still smell of dishonesty in my opinion.
Yayayaayya

Taj44 08-01-2011 01:12 PM

I'm sorry, but this thread seems to be getting out of hand. To refer to someone who's posts delve into the "what ifs" if the IRS prevails, and calls the poster "sinister" and unbalanced seems pretty insulting to me. I think its human nature to discuss such issues, especially if a negative outcome is going to cost the residents upwards of thousands of dollars per household. We all hope the outcome doesn't cost us, bottom line, but until it is settled all will voice their opinions on each side of the fence. Is it possible we can discuss without the petty name calling?

The Shadow 08-01-2011 01:40 PM

Quote:

Originally Posted by Leafpoker (Post 376449)
We have lots of folks that are not seeing the clouds. I will never attack someone for there beliefs or thoughts. The sun does shine thru the clouds and the sun being the fact that. The IRS is on the hunt for the folks in the villages. Be it homeowners, lawyers, the morses, or even the guy who dances like a wild man on the square. When the IRS sinks there claws in you they win. The morses can be republicans, the lawyers can mess up, even bill the dancer can turn his pockets inside out and show he has no $$$. In the end we the homeowners will pay. As far as the salesman telling the truth about this. That will never happen. It is a character issue, just like the folks who sold the bonds without informing us. Being honest and open goes long way. If salesman and the board did these dishonest things, why should we trust them to tell the truth on anything else.
Like Troy says: you can step in gator dung, and then wash it all off ur shoe, but you never get the smell out.
These salesman and the board, can wash all they want, but they still smell of dishonesty in my opinion.
Yayayaayya

Gator dung, interesting I had not considered that. Well you pick the right end of the gator to be on.


All times are GMT -5. The time now is 06:30 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO v2.0.32 (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.