[Bill-n-Brillo]

Bill

[ugotme]

[mickey100]

Originally Posted by PennBF

OK lets just understand..You live in a "Company Town" with continued control over your life which you signed away when you bought. If you believe the CDD's, Village Management, Rec Centers, Squares, etc. are not controled by the Developer and his family I have a bridge to sell you in Brooklyn. If you believe you truly have representatives to look out in behalf of you the Bridge is still up for sale. If you believe there is competition going on in the area
of real estate, commercial rentals, etc. that Bridge is waiting for you.
I believe in reality and sticking the head in the sand and pretending all is up and in the open is having your head in the sand. Does all of this matter? Depends on who you are and what you want. But to pretend these don't exist is kind of outrageous as it is a way to "look the other way". That is not healthy. By the way. I left out the Banks, Insurance, etc. Am I wrong but are you directed to the Company Business's when you buy? Most just move on
since they are excited about living in The Villages and I honestly understand
that.

Yes, some people are just too stubborn or defensive, or naive to admit that there might be something less than perfect about The villages and/or the Morses. There is the usual "surround the wagons" mentality, attack those who might dare to criticize. Make those who question the workings of things here and raise legitimate questions, out to be "jealous" or not understanding of how big business works, etc. We've seen it all before on these forums, from the same group of people. The thing is, many of us are very successful business people in our own right, and for a reason. We don't take everything that is handed to us on a platter - we reason, we use common sense, we educate ourselves, and if something smells fishy, it usually is. The IRS would not be committing the time and manpower to pursue their claims against the Villages unless they really suspect fraud. I've been around long enough to realize that where there's smoke, there's fire. If some people want to bury their heads in the sand, its really of no concern or interest to me. But I plan on staying on top of things, and it comes to the point of a class action lawsuit, which it may depending on the outcome of the IRS investigation, I will be the first one to sign up.

[mulligan]

IMHO, the IRS is spending so much time on our bonds because it's not covered in the manual, they have absolutely no idea what they're looking at, and as of now, not one agent has had the balls to accuse anyone of anything.

[graciegirl]

Originally Posted by mickey100

Yes, some people are just too stubborn or defensive, or naive to admit that there might be something less than perfect about The villages and/or the Morses. There is the usual "surround the wagons" mentality, attack those who might dare to criticize. Make those who question the workings of things here and raise legitimate questions, out to be "jealous" or not understanding of how big business works, etc. We've seen it all before on these forums, from the same group of people. The thing is, many of us are very successful business people in our own right, and for a reason. We don't take everything that is handed to us on a platter - we reason, we use common sense, we educate ourselves, and if something smells fishy, it usually is. The IRS would not be committing the time and manpower to pursue their claims against the Villages unless they really suspect fraud. I've been around long enough to realize that where there's smoke, there's fire. If some people want to bury their heads in the sand, its really of no concern or interest to me. But I plan on staying on top of things, and it comes to the point of a class action lawsuit, which it may depending on the outcome of the IRS investigation, I will be the first one to sign up.

I went back to read your posts so as to understand you better and I thought you were a guy. Mickey mouse is a guy. You are a girl, or a guy who had his highlights fixed at the beauty shop. I am betting you are a girl.

You are an excellent golfer shooting two under and play ready golf.

You are from upper middle New York State.

And you seem happy here.

But the IRS has been examining this for five years now and changed agents twice and still going on. It could be fraud and it could be that the Morses did not want to have the CDD system change.

One of us could be wrong. Who is the most stubborn? lol.

[mickey100]

Originally Posted by mulligan

IMHO, the IRS is spending so much time on our bonds because it's not covered in the manual, they have absolutely no idea what they're looking at, and as of now, not one agent has had the balls to accuse anyone of anything.

Actually, they have accused and offered a settlement, and the developer refused to settle, so the IRS has notched up the investigation another step and has taken a look at additional years bonds.

This discussion has really gone beyond the original scope of the posting - which is the POA. They have done a wonderful job of keeping us posted on events of importance to the residents. If anyone is interested in the IRS business and the ethics, or lack of, of the Morses, it has been discussed many times in various threads on TOTV, just do a search. We all have our own opinions, and won't be changing any minds here. But I do like to see the facts out in the open for prospective buyers to know before they buy here.

[Bogie Shooter]

Originally Posted by mickey100

Actually, they have accused and offered a settlement, and the developer refused to settle, so the IRS has notched up the investigation another step and has taken a look at additional years bonds.

This discussion has really gone beyond the original scope of the posting - which is the POA. They have done a wonderful job of keeping us posted on events of importance to the residents. If anyone is interested in the IRS business and the ethics, or lack of, of the Morses, it has been discussed many times in various threads on TOTV, just do a search. We all have our own opinions, and won't be changing any minds here. But I do like to see the facts out in the open for prospective buyers to know before they buy here.

Yes, good that they know. Unfortunately too many posters always put the doomsday claim somewhere in their post.....over and over!

[Advogado]

Originally Posted by Bogie Shooter

Yes, good that they know. Unfortunately too many posters always put the doomsday claim somewhere in their post.....over and over!

The IRS investigation is moving slowly, and I am not impressed with the IRS's handling of it. However, it is, by far, the most important issue facing Villagers today. As the investigation creeps along, the Center Districts are losing "over and over". Thus, the subject appears here "over and over".

It is not a bad idea for Villagers to keep up with developments in an issue that potentially could have a huge impact on them. The easiest way to keep up with the factual developments is to follow reports in the POA Bulletin, since the VHA newsletter and Daily Sun have both failed miserably in their obligation to objectively report on the matter and the Orlando Sentinel seems to have lost interest. Since the TOTV is a forum to exchange views concerning matters of interest to Villagers, it certainly seems appropriate that the subject of the IRS investigation appear "over and over" here.

[graciegirl]

Originally Posted by Advogado

The IRS investigation is moving slowly, and I am not impressed with the IRS's handling of it. However, it is, by far, the most important issue facing Villagers today. As the investigation creeps along, the Center Districts are losing "over and over". Thus, the subject appears here "over and over".

It is not a bad idea for Villagers to keep up with developments in an issue that potentially could have a huge impact on them. The easiest way to keep up with the factual developments is to follow reports in the POA Bulletin, since the VHA newsletter and Daily Sun have both failed miserably in their obligation to objectively report on the matter and the Orlando Sentinel seems to have lost interest. Since the TOTV is a forum to exchange views concerning matters of interest to Villagers, it certainly seems appropriate that the subject of the IRS investigation appear "over and over" here.

I often wonder Advogado, How do you hope the IRS matter turns out?????

[Bogie Shooter]

Originally Posted by Advogado

The IRS investigation is moving slowly, and I am not impressed with the IRS's handling of it. However, it is, by far, the most important issue facing Villagers today. As the investigation creeps along, the Center Districts are losing "over and over". Thus, the subject appears here "over and over".

It is not a bad idea for Villagers to keep up with developments in an issue that potentially could have a huge impact on them. The easiest way to keep up with the factual developments is to follow reports in the POA Bulletin, since the VHA newsletter and Daily Sun have both failed miserably in their obligation to objectively report on the matter and the Orlando Sentinel seems to have lost interest. Since the TOTV is a forum to exchange views concerning matters of interest to Villagers, it certainly seems appropriate that the subject of the IRS investigation appear "over and over" here.

Exchanging views over and over is not factual reporting, only a rehashing of opinion.
BTW Village Community Development Districts has all the documents relating to this issue posted on the website.

[janmcn]

People can google IRS vs The Villages and 954,000 hits come up. Take your pick.

[graciegirl]

Originally Posted by janmcn

People can google IRS vs The Villages and 954,000 hits come up. Take your pick.

And I have always wondered how YOU hope it turns out.

[Bucco]

I know that nobody cares about my opinion but that never stopped me before

I was done with this thread until I read the owners are pulling a "scam" and complaints about being pushed toward their owned or endorsed insurance companies, etc.

In 1999, NOBODY...NOBODY would open a business here. The family wanted a full service community and spent so much money and time BEGGING companies, stores, etc to come to The Villages. I mean they spent almost all there time begging.

In order to keep the dream alive they started their own business in a lot of areas. Soon Win Dixie came...not sure of the timing on that but they were the first to "take a chance" in The Villages. Soon, the success was apparent and they began to come.

I have no problem with the developer pushing business into companies and/or businesses he created to serve the resident.

Again, I do not know if anyone ever took the course to learn about the CDDs where you learn and could inquire and ask whatever you want about any aspect of it. Nothing was hidden......everyone knew the family was working overtime to get services here and THEY BROUGHT THEM HERE...none of you posters did.

The commercial business in The Villages did not just get here nor did those business's "discover" The Villages.

If you are going to call the family scam artists or whatever, then please do your research before just simply calling them names

[Bogie Shooter]

Originally Posted by janmcn

People can google IRS vs The Villages and 954,000 hits come up. Take your pick.

And 953,000 are on TOTV.............

[Advogado]

Originally Posted by graciegirl

I often wonder Advogado, How do you hope the IRS matter turns out?????

As a Villager who would be impacted if the IRS imposes its original proposed remedy, I have hoped, ever since I became aware of the investigation, that the IRS would address the issue prospectively--by means of a Regulation dealing with FUTURE Community Development Districts' issuance of tax exempt bonds. The National Association of Bond Lawyers has now proposed that solution in a letter to the IRS.