Deductions & credits

We accept your response that there is no charitable contribution when we gain from the donation that is the cost is the construction.

   

Thanks for the information on medical expenses.  We received a letter from the CCRC that 7.91% of the monthly fees and entrance fee may constitute payment for medical expenses for our contract that is a fee-for-service plan.  This plan does not cover the costs of assisted living and nursing.  Are there any concern we should have in using this information since the letter stated it should not be interpreted as tax advice?