Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#226
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I agree
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It's never too late to live happily ever after |
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#227
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It is better to laugh than to cry. |
#228
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#229
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#230
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Quote:
It takes many hours to make this place work. There are hundreds of volunteers and we are working to make this a better community. Staying informed is not the same as worrying. |
#231
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More bad news
In a nutshell, the IRS is sticking with its initial determination that the VCCDD is not a political subdivision authorized to issue tax-exempt bonds. For more detailed information, you can read the summary on page 3 of the November Property Owners' Association Bulletin.
We still have not received any assurance from the Developer that a negative outcome will not affect the continuation of our amenities. (If you haven't been following the matter, the risk to Villagers, put simply, is that the imposition of a huge tax cost on the VCCDD will make it financially impossible for the VCCDD to continue to furnish our amenities.) |
#232
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Don't say anything Gracie. Don't say anything Gracie. Count to 100.
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It is better to laugh than to cry. |
#233
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Hmmmm, just hmmmm.
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#234
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http://www.districtgov.org/images/IR...-IRSUpdate.pdf Janet Tutt has indicated in her memo which is included in this link that there are "factual errors" in the IRS document and they are "considering" the submittal of a brief response to "clarify the facts". Only time shall tell what the ultimate outcome will be, but Advogado is only updating us on the latest progress. No need to be upset with the messenger and if you're not interested in being updated, no need to click on this post. |
#235
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#236
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Only time shall tell what the ultimate outcome will be, but Advogado is only updating us on the latest progress. No need to be upset with the messenger and if you're not interested in being updated, no need to click on this post.[/QUOTE]
Good post English Ivy. I so agree. |
#237
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I’m gona mark this day on my calendar.
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#238
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Advogado, thanks for the update.
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#239
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Omg
Ditto to Gracie's response. Does not make for a warm and comfy feel, for sure.
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#240
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Multi-million dollar IRS investigations tend to be not so warm and comfy.
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Closed Thread |
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