Other than getting the revenue up as high as possible, there is something to consider before preparing your inn for sale that will greatly affect value. While maintaining the physical condition of any property (whether commercial or residential) is always important, when it comes to selling a business, the tax return is king. And let’s […]
What is THE best way to prepare your inn for sale that affects value? Read More »
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
P&L vs. the Corporate Tax Return: the Tax Return Is KING! Read More »
The rates we have been seeing in hospitality lending in Maine for years have been relatively and historically low for commercial loans. However, they keep changing very quickly. Contact me to discuss current rates.
Not everyone who is a licensed real estate agent is a Realtor®?
A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.
And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.
I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.
