By: Amanda Wilson If you are planning to acquire or build a senior living facility that is located in an opportunity zone, there are many tax benefits that are available to you. One of these …
Have an Open Like-Kind Exchange? Don’t Fall Into This Trap
By: Amanda Wilson A common tax planning tool for real estate transactions is to engage in a like-kind exchange of real estate. If structured properly, a taxpayer can sell real property (the relinquished property) and …
Real Estate Safe Harbor for 20% QBI Deduction
By: Amanda Wilson Section 199A introduced a new 20% deduction for qualified business income (previously discussed here). To qualify for the deduction, income must be from a trade or business. Many senior living communities hold …
Now Is The Time To Review Your Tax Provisions
By: Amanda Wilson As tax season is underway, one important deadline is coming that should not be overlooked. Tax law allows for partnership and LLC agreements to be amended retroactively to the first day of the …
Insurance Costs Expected to Rise for Senior Living Facilities
Senior Housing News, always a favorite information source for the Lowndes Senior Housing Practice Group, has a great new article regarding rising liability risk and liability insurance costs affecting senior housing communities – which includes …
Overheard at NIC 2018 . . .
As always, the NIC Conference in Chicago is a great experience and an unique opportunity to connect owners, managers, lenders and (of course) the attorneys that represent each of them. Interesting conversations always ensue, and …
Aging Population Continues to Drive Real Estate
By: Shawn Rader Recently, Integra Realty Resources published a report that predicts overall growth in today’s senior population, click here to read the report. The aging population will be a significant tailwind for real estate …
Don’t Despair! Senior Housing Services Demand Will Continue to Grow.
Although the competition between facilities for residents and employees creates a headwind for the industry, it is important not to lose sight of the simple fact that time and demographics are on the side of …
Opportunities in Affordable Seniors Housing
Daryl Carter recently published an interesting article in Seniors Housing Business regarding what he sees as opportunities for addressing “the overwhelming need for affordable seniors housing in today’s market”. Two of his points hit upon …
Luxury Senior Living on the Rise
Senior Housing News recently published an interesting article on the increasing demand for luxury senior living (read the full article at http://seniorhousingnews.com/2016/08/23/luxury-senior-living-booming/). The gist of the article is that many Baby Boomers are retiring with …
