AVH Carolinas S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

AV Homes, Inc.

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)	2010			2011			2012			2013			2014
Earnings:
Income (loss) before income taxes and effects of changes in accounting principles	($	36,057	)	$	(165,704	)	$	(87,683	)	$	(8,272	)	$	(1,603	)
Less:Net income (loss) from non-controlling interests		(276	)		(398	)		259			1,205			329
Plus:Fixed charges		6,043			10,558			9,372			10,863			18,148
Plus:Amortization of previously capitalized interest		419			273			913			2,455			4,622
Less: Capitalized interest		150			439			1,263			6,466			12,302
Earnings		(29,469	)		(154,914	)		(78,920	)		(2,625	)		8,536
Fixed Charges:
Interest expensed and capitalized		3,972			8,192			6,658			9,059			16,078
Amortization of discount & debt issue costs		1,709			1,763			2,578			1,770			2,029
Interest portion of rental expense		52			133			30			34			41
Fixed Charges		5,733			10,088			9,266			10,863			18,148
Ratio of Earnings to Fixed Charges		N/A			N/A			N/A			N/A			0.50
Deficiency Amount		(35,202	)		(165,002	)		(88,186	)		(13,488	)		(9,612	)