A few comments from listeners when they were asked what the learned from the webinar:
Difference between independent with services and assisted living; that there are 3 different payment plans-A, B, and C-with CCRCs. - Nancy T.
Deductibility of up front cost and the different business model used by retirement communities - David D.
I already live in Independent Living at CCRC in Boston and I didn't know about the possible income tax deductions that I may be allowed. I have some real research to so this afternoon about the finances here. And if I didn't use a CPA before I really need to se one now! - Ronni B.
Interesting to learn that CCRC monthly rates are likely to increase at a lower rate than active adult communities, but as he explained it, makes sense. I'd done some research for a client so was already somewhat familiar with CCRCs, but this was helpful refresher. - Meg C.
The idea of factoring in medical deductions with CCRC's. I hadn't really considered that element before. - Rob N.
Attendees Comments:
Difference between independent with services and assisted living; that there are 3 different payment plans-A, B, and C-with CCRCs.
- Nancy T.
Deductibility of up front cost and the different business model used by retirement communities
- David D.
I already live in Independent Living at CCRC in Boston and I didn't know about the possible income tax deductions that I may be allowed. I have some real research to so this afternoon about the finances here. And if I didn't use a CPA before I really need to se one now!
- Ronni B.
Interesting to learn that CCRC monthly rates are likely to increase at a lower rate than active adult communities, but as he explained it, makes sense. I'd done some research for a client so was already somewhat familiar with CCRCs, but this was helpful refresher.
- Meg C.
The idea of factoring in medical deductions with CCRC's. I hadn't really considered that element before.
- Rob N.