Wellness Push Into Senior Living Facilities

By Brendan Lynch: Covid has changed the way that many of us live, and certainly the way that many of us do business. Throughout many industries, there is an increased push towards wellness initiatives (including …

IRS Extends Tax Day to May 17th

By:  Amanda Wilson The Internal Revenue Service provided individual taxpayers a nice St. Patrick’s Day surprise by announcing that the tax deadline for individuals had automatically been extended from April 15, 2021 to May 17, …

Senior Living—A Place for Mom

  By Shawn Rader: Senior Living – A Place for Mom, published a guide for people looking for assisted living facilities.  It occurred to me that it might make sense for an ALF to review …

COVID Impacts Senior Housing Construction

| John Ruffier |  The impact of the COVID-19 pandemic is not limited to making it harder to sell a senior living community due to nervous buyers and lenders (although we are seeing a thaw). …

CDC Guidelines for Assisted Living Facilities

By Shawn Rader The CDC has composed guidelines for ALFs to follow during the pandemic to best protect the lives of residents, who by age and preexisting conditions, are most susceptible to the Covid virus. The …

Senior Living Communities Now Being Rated On Inclusiveness

By John Ruffier: A joint effort between SAGE (www.sageusa.org) and the Human Rights Campaign Foundation (www.HRC.org) is resulting in the creation of the “Long-Term Care Equality Index (LEI)”, which will measure how well senior living …

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 …

Gift Giving During the Holiday Season

By: Hallie Fisher.  Gift-giving is an important part of the holiday season. Our society places a huge importance on gift-giving, and we all understand that gifts are a great way to show gratitude, friendship, and …