Depends on local laws.
Based on your explanation, basically there are property taxes (for building) and business taxes (rental as business and hotel as business).
The evaluation will be properly taxes that are commonly based on the size of the property (zoning, type of business, etc) and business evaluation that based on business’s P/L.
Depends on local laws.
Based on your explanation, basically there are property taxes (for building) and business taxes (rental as business and hotel as business).
The evaluation will be properly taxes that are commonly based on the size of the property (zoning, type of business, etc) and business evaluation that based on business’s P/L.