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Hotels Property Tax

Venable LLP

Maryland Tax Updates - January 2024

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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

Goodwin

Landmark Decision Regarding California Property Taxes: What Owners of California Hospitality Assets Should Know

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The California Court of Appeal (Second Appellate District) published a landmark decision on April 7, 2023, that may have significant implications for the property tax assessments of qualifying California hospitality assets...more

Neal, Gerber & Eisenberg LLP

Hotels Should Start Preparing Now for Property Tax Appeals

As hotels and other hospitality businesses suffer from the COVID-19 lockdown, it’s important that they move quickly and proactively to lower their property taxes. In many states they’ll be able to lower the amount they owe as...more

Carlton Fields

Hotel Ruling Could Save Disney World Millions in Taxes

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The Walt Disney World Resort has won its latest legal battle that will save the company — and potentially many other big hotel owners — millions of dollars in property taxes....more

Lowndes

Florida 5th DCA Says No More to Rushmore

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In a decision that will potentially have far-reaching implications in the property tax world, Florida’s Fifth District Court of Appeal issued an opinion today in Singh vs. Walt Disney Parks and Resorts, a tax appeal involving...more

Foster Garvey PC

Short-Term Rental Update: New Orleans looks to further restrict short-term rentals; Portland threatens to tighten the reins on...

Foster Garvey PC on

New Orleans Looks to Further Restrict STRs - ("New Orleans inches toward tighter short-term rental regulations," Curbed - New Orleans on May 20, 2019) The New Orleans City Council, after years of debating, is within 90...more

Dickinson Wright

Valuing the Older Hospitality Facility Can Be Complicated

Dickinson Wright on

Hospitality facilities built in the 1980s or 1990s (or earlier) tend to have design and layout configurations that are out of touch with a franchisor’s present market requirements. This jeopardizes the continued franchise...more

Buchalter

Hospitality Industry Law Newsletter

Buchalter on

New Labor Code Section Prevents Employers from Using Out-of-State Choice of Laws Provisions in Contracts with California Employees - On September 27, 2016 Governor Jerry Brown signed a new law impacting the contract...more

Morrison & Foerster LLP

MoFo New York Tax Insights - Volume 7, Issue 11

ALJ Permits Only Minimum Penalties for Failure to File Information Returns - A New York State Administrative Law Judge has rejected the maximum penalties imposed by the Department of Taxation and Finance on an...more

Lowndes

Orange County Hotels See Significant Increase in Property Appraiser Valuations

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After weeks of rumors regarding hotel valuations in Orange County, it is now confirmed: the Orange County Property Appraiser has made it a priority to increase both the market values and assessed values of hotels for 2015. ...more

Neal, Gerber & Eisenberg LLP

California Seeks to Clarify Standards of Review for Hotel Property Tax Assessment Appeals

Hotels are one of the most misunderstood properties when valued by local assessors for property tax purposes. A hotel’s enterprise activity is comprised of tangible property, in the form of real estate and personal property,...more

Pillsbury Winthrop Shaw Pittman LLP

Ocean Avenue LLC v. County of Los Angeles Affirmed; AB 2372 Passes Assembly

On June 3, 2014, in a published decision, the California Court of Appeal for the Second Appellate District affirmed the Superior Court ruling in Ocean Avenue LLC v. County of Los Angeles, holding that even though 100 percent...more

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