Hotels and Resorts
Restaurants and Cafes
Bars and Lounges
Ashford Hospitality Trust
Aspen Resource Group provides highly specialized, deeply rooted, industry-specific knowledge and expertise to owners and investors in hospitality-related properties.
Expertise in Hospitality and Tourism
We are proud of our outstanding record in delivering expert representation, proper valuation and successful appeals to thousands of hospitality assets nationwide.
Understanding Trends and Issues
The hospitality industry is incredibly dynamic and impacted by economic, demographic, environmental seasonal, cultural, news, labor, marketing, technology, and other issues. Aspen Resource Group is dedicated to understanding these issues and their relevance to valuation, assessment, and appeal.
Professional, Skilled Specialists
Aspen Resource Group ensures strict adherence to current tax laws unique to hospitality industry real estate entities.
We provide the following services and focus on seeking the lowest defensible value for property tax purposes:
Pre-Acquisition Due Diligence and Analysis
Proactive Assessment Evaluation and Negotiation
State and Local Allocations and Valuation of Tangible and Intangible Assets
Realty Transfer Tax Refund Analysis
Proactive Assessment Negotiations
Income/Expense Questionnaire Review
Appeal Preparation and Representation
Real Estate Tax Projections and Guidance
Tax Bill Administration
Commercial Property Tax Consultation
We understand the nuances of the hospitality industry and the attention required to expedite negotiations, satisfy inquiries and deliver outcomes that save both time and money. The Hospitality Properties Group at Aspen Resource Group is prepared to work with you at a moment's notice and for many years to come.
UNDERSTANDING SALT PPA
State and Local Tax Purchase Price Allocation, commonly referred to as SALT PPA, ensures that hotel assets are properly valued as in three distinct categories: real estate, tangible personal property; intangible personal property or business enterprise. The benefits of SALT PPA are reduced transfer tax and a reduced basis for real estate tax.