The Tax Cuts and Jobs Act (TCJA), is a significant piece of legislation and affects nearly everyone in the senior housing industry—no matter the size, specialty, market or corporate structure. Read more at Senior Housing News.
As with any tax change, what may seem simple on the surface tends to be much more complex upon closer examination. This complexity, while frustrating at times, can also provide a lot of opportunities for planning for senior housing entities.
This series of articles will summarize key areas of the law that could impact senior housing. This second installment covers a variety of topics, including entity choice, business interest expense, and changes to meals and entertainment deductibility.