Partly, it depends on the state.
Partly, it depends on the status at the nursing home.
Check with Nursing Home business staff. They can tell you more about such sales.
Will do. Thanks.
Colorado is the state.
DO NOT trust the business staff or administrators at the nursing homes, they are mostly paid by the state - I have had to deal with them, they don’t have your best interests in mind - especially if the state or Medicare or Medicaid are paying for any part of his care.
Call a tax attorney and accountant, it is money well spent.