Exhibit 12.1

AV Homes, Inc.

Computation of Ratio of Income to Fixed Charges

(in thousands)

	Year ended December 31,														Three Months Ended March 31,
	2011			2012			2013			2014			2015		2016
Earnings:
Income (loss) before income taxes and effects of changes in accounting principles	$	(165,704	)	$	(87,683	)	$	(8,272	)	$	(1,603	)	$	12,386	$	859
Less: net income (loss) from noncontrolling interests		(296	)		2,552			1,205			329			—		—
Plus: fixed charges		10,088			9,266			9,330			18,148			28,277		6,874
Plus: amortization of previously capitalized interest		273			913			2,455			4,622			11,041		3,126
Less: capitalized interest		439			1,263			6,466			12,302			19,168		5,581
Earnings	$	(155,486	)	$	(81,319	)	$	(4,158	)	$	8,536		$	32,536	$	5,278
Fixed charges:
Interest expensed and capitalized	$	8,192		$	6,658		$	7,769		$	16,078		$	25,590	$	6,134
Amortization of discount and debt issue costs		1,763			2,578			1,527			2,029			2,617		719
Interest portion of rental expense		133			30			34			41			70		21
Fixed charges	$	10,088		$	9,266		$	9,330		$	18,148		$	28,277	$	6,874
Ratio of earnings to fixed charges		N/A			N/A			N/A			0.47			1.15		0.77
Excess (deficiency) amount	$	(165,574	)	$	(90,585	)	$	(13,488	)	$	(9,612	)	$	4,259	$	(1,596	)