young helpful woman with older woman

Nursing Home Residents Can Now Maintain Their Principal Residence Exemption

young helpful woman with older womanIndividuals who reside in a nursing home or assisted living facility can now continue to claim a Principal Residence Exemption (“PRE”) on their primary residence, thanks to a recent amendment in the law.  Click here to learn more about how those residing in assisted living facilities and nursing homes can take advantage of this property tax savings.