In order to provide both the level of residential and medical excellence Members deserve, as well as a financial model that is affordable and sustainable, a refundable entrance fee has been determined to be the best option for all concerned.
ABOUT OUR ENTRANCE FEES
Our entrance fee is a one-time payment based on the size of the apartment selected. As a Member of Ventana, this entrance fee is 90% refundable to you or to your estate. Payment of this sum, along with a monthly service fee, entitles you to a home at Ventana for life.
WHY IS THERE AN ENTRANCE FEE?
The entrance fee allows Ventana to offer you monthly service fees that are closer to what most retirees would pay on a monthly basis to maintain their current homes and lifestyles. The entrance fee also allows you the opportunity to convey the deposit to your estate as desired in the future.
THE TAX BENEFITS OF LIFE AT VENTANA
Ventana Members may be eligible for a tax deduction associated with payment of the entrance fee and ongoing monthly fees. In addition, there are no property taxes associated with residency at Ventana. Under current IRS guidelines, the reservation deposits are risk-free and fully-refundable should your plans change. Please consult your tax advisor for additional information.
OUR PAYMENT MODEL ALLOWS FOR CHANGING SITUATIONS AT PREDICTABLE COSTS
Our payment model makes it possible for Members to enjoy the benefits of life at a continuing care retirement community, where the assurance of multiple levels of care in the future are offered to you at predictable costs.
DOWNLOAD OUR VALUE GUIDE OR USE OUR AFFORDABILITY CALCULATOR
Choosing your next home is a major decision, and we’re here to help you on your journey. Download our Value Guide or use our affordability calculator to see for yourself if your monthly expenses are financially compatible with those at Ventana.
Ready to take the next step? Contact us today to discuss what moving to Ventana might look like for you and your personal finances.