Offered at $995,000 and reduced from $1,095,000. Visit my website for more details on this lovely inn!
Month: July 2013
Clark Point Inn has 5 guest rooms, a desirable location and very nice harbor views! More details are on my website.
Located in the desirable West End historic district of Portland, this inn offers a financially viable business, a beautiful outdoor living space, a stellar reputation and lovely interior guest and owner’s space. Offered at $1,575.000. Visit my website for more details.
The Towne Motel in Camden, Maine, offered at $1,395,000 and the financials support the price. Details are on my website.
When our guests pay for their full stay, we include our local state sales tax. How this translates in accounting terms is that the cost of the room is revenue earned and the state lodging sales tax is a liability. The tax is not ours to keep, it’s ours to pay to the state each …
COUNTRY INNS BED AND BREAKFASTS HOTELS AND MOTELS COTTAGES AND CABINS the LODGING & HOSPITALITY BUSINESS… Each of these income producing lodging businesses is just that, a business. And let’s face it, when it comes time to prepare the business’s tax returns, we naturally try to deduct as many expenses as we legitimately can to reduce …