Tax Court Modifies Rushmore Method for Hotel Valuation. The Maryland Tax Court recently modified the traditional Rushmore income approach used to determine the fair market value (FMV) of the real estate component of a hotel....more
1/31/2024
/ Advertising ,
Comptroller ,
Deed of Trust ,
Digital Media ,
Fair Market Value ,
Hotels ,
Personal Property ,
Private Letter Rulings ,
Property Tax ,
Recordation ,
State Taxes ,
Tax Assessment ,
Tax Court
Facilities owned by nonprofits and government entities are frequently financed with tax-exempt bonds and managed by for-profit management companies. To avoid tainting the tax-exempt status of the interest payable on...more
10/24/2022
/ Compensation Agreements ,
For-Profit Corporations ,
Hotel Management Agreements ,
Hotels ,
Incentive Compensation ,
IRS ,
Management Fees ,
Project Finance ,
REIT ,
Revenue Procedures ,
Safe Harbors ,
Tax Exempt Entities ,
Tax-Exempt Bonds