Are there tax breaks credits for group homes?

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1193655

2026-02-28 05:55

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Yes, group homes may qualify for various tax breaks and credits, depending on their specific structure and the services they provide. For instance, they may benefit from tax-exempt status under certain conditions, as well as eligibility for programs like the Low-Income Housing Tax Credit (LIHTC) or the Rehabilitation Tax Credit. Additionally, some states offer incentives for facilities that serve individuals with disabilities or low-income individuals. It's advisable for group home operators to consult a tax professional to explore available options specific to their situation.

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