depreciation

COVID RENO DEPRECIATION CLAIMS LOST

Posted on December 4th, 2020 by Clyde Mooney
Amid a wave of rapidly executed renovations in response to pandemic conditions, many hotel owners are missing out on claiming their available depreciation deductions, according to an industry specialist. Hoteliers and commercial property owners most commonly underclaim on depreciation because

HOTELIERS OVERPAYING TAX EVERY YEAR

Posted on July 31st, 2019 by Clyde Mooney
A commercial finance specialist says every year many hotel owners pay tens of thousands of dollars more tax than necessary by failing to effectively claim capital allowance and depreciation. Regular accountants may not aware of the full benefits that can