The Admiral at the Lake Blog

Tax Benefits of Life Plan Communities You May Not Know About

Posted by The Admiral at the Lake on Nov 9, 2018 9:09:00 AM

Tax season is almost upon us. Have you taken the time to consider the benefits a life plan community could have on your taxes?

If you are considering a life plan community (also known as a CCRC) to retire, you may not know it could have a positive impact on your taxes.  New life plan community residents could qualify for a tax deduction on their entry fee and monthly fees.

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Topics: Future Planning Lifecare, Life Plan Community