Assisted Living

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  • Mark Goldberg
    Senior Member
    • Jun 2005
    • 187

    #1

    Assisted Living

    My client has a large refundable deposit to her assisted living facility. Does one compute the imputed interest every year or just for the year the deposit was made.
  • Bees Knees
    Senior Member
    • May 2005
    • 5456

    #2
    I don't know what you mean by imputed interest. Do you mean she will get the deposit back with interest if and when she leaves?

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