Guide to Buying Hotel Properties in 2023 and 2024
In November 2023, the commercial mortgage rates are hovering between 7% and 8%— near the same residential mortgage percentages that have been dominating the headlines. As a hotel investor, you already have to juggle multiple real estate adjacent costs— mortgages, maintenance, improvements, and the costs of buying and selling new holdings. Using a 1031 exchange […]
Let’s 1031: All You Need to Know About a 1031 Exchange and It’s Benefits for Hotel Investors
1031 exchange is not a mere tax bypass strategy. It’s a useful wealth creation principle. This exchange is popularly used by real estate investment moguls to grow their portfolios and increase net worth faster and efficiently. By using 1031 exchanges, real investors can sell a real estate property and reinvest the proceeds into another real […]
A Guide to a 1031 DST and the Hotel Industry
The strategic swap of business properties is a useful way to defer capital gains taxes. A 1031 Delaware Statutory Trust (DST) uses the standard 1031 exchange as a base but develops the agreement further. If you’re looking to invest in hotels for sale and expand your portfolio, then it’s worth investigating the benefits of a […]
NewGen Advisory completes 1031 exchange transaction in 30 days
NewGen Advisory is pleased to announce the closing of a large, all-cash 1031 exchange transaction that the company was able to facilitate in 30 days amidst the Thanksgiving holiday. The associated 120-unit property is located in Phoenix, Arizona on Northern Avenue and Highway 51, adjacent to Piestewa Peak and near the Biltmore district, and falls […]
Introduction to 1031 Exchange & How Hotel Investors Can Benefit
The process of investing in a hotel provides various investment options. There are several methods to acquire property. Exploring these different options will bring prospective buyers face-to-face with 1031 exchanges. As well as the alternative of opportunity zones. The hotel industry is thriving and has a global value of more than $570 billion. Investors continue […]
Opportunity Zones: What Are They and How Can Hotel Owners Take Advantage of This Program?
Opportunity Zones may be the biggest news in the world of economic development since the establishment of the 1031 Exchange. The Tax Cuts and Jobs Act of 2017 introduced the Opportunity Zones program which offers generous tax advantages, delivers enormous benefits to private-sector investors, and promises economic growth for low-income communities. Although this program is […]