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Maine Property Tax Fairness Credit - Rent Value

For the Maine Property Tax Fairness Credit, how do you determine the real rent value if a person is living in an Independent Living Facility in their own apartment, but the rent includes Heat and a Meal?

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1 Reply
KeshaH
Employee Tax Expert

Maine Property Tax Fairness Credit - Rent Value

You have a few options to calculate the rent value.

 

- Check your rental agreement or monthly statement to see if the costs are broken down

- Ask the facility administration for a written statement showing how much of your payment is just for the housing portion

- Estimate the value of the meals and heat and subtract that from your total payment

 

For the most accurate results, try to get documentation from your facility showing the housing-only portion of your payments.

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