Hotel Owners Stay Alert

New Tax Laws for Significant Savings

Every hotel owner remembers in 2017 when the Tax Cuts and Jobs Acts brought 100% depreciation into place. However, it was not until recently when they finalized the rules of what qualifies and how every hotel owner can claim these savings. 

What Can Your Hotel Write Off?

While the rules set in place in 2017 were beneficial to hotel owners, the new specifications make it clear that they can write off 100% of depreciable business assets with a recovery period of 20 years or less. This means that your hotel can write off 100% of:

  • Furniture 
  • Appliances
  • Computers
  • Equipment 
  • Machinery

This final version gives some clarification on the requirements these assets must meet to qualify for this deduction. With these updates, it gives hotel owners to save big on standard upkeep expenses.  

It is also important to keep in mind that just because these new rules were released in September 2019, this deduction applies to qualified property purchases that were placed in service after Sept. 27, 2017.

How Does Your Hotel Take Advantage?

Of course, your hotel wants to be able to take advantage of this opportunity to increase your cash-flow with this deduction. National Tax Group is here to walk with you every step of the process to make sure you get every dollar your hotel is eligible for. 

With our expertise and experience in the hotel industry, National Tax Group will do a thorough investigation of your hotel assets to make sure you not only get rewarded for recent purchases but previous purchases as well. Even if you missed filing for this deduction in a previous year, you could still qualify them for this coming tax season. 

A cost segregation study is one of the most profitable investments a hotel owner can make due to the revenue-enhancing opportunities they can uncover. To claim your free assessment, call us at (561) 257-3436 or contact one of our tax experts. 


Our in house engineers and tax experts are ready to maximize your tax credits.

Talk to one of our team members to get started.

Request a Free Assessment