Hotel buyers can meet with Paragon to discuss key tax reduction strategies at the Lodging Conference.
Schaumburg, Illinois, USA – September 17, 2022 – Paragon International, a leading provider of Sage fixed asset management software, physical asset inventory services, fixed asset valuation and cost reconciliation studies for hotels, today announced its participation at the Lodging Conference, September 19-22 in Phoenix.
Paragon International will be available at the conference to discuss tax reduction strategies that solve common hotel financing issues. The Lodging Conference brings together the hospitality industry‘s most influential owners, operators, presidents, CEOs, investors and dealmakers to strategize in development, financing, franchising, management, construction, design and operation.
“We are thrilled to be part of The Lodging Conference, which has long been known for providing high-value learning and networking events for hospitality industry leaders and finance experts,” said Rick Swarts, CEO. of Paragon International. “We appreciate this opportunity to join hospitality industry influencers, as well as investors and funding sources, to develop potential strategies for the pressing tax challenges facing hotel buyers today. ‘today.”
Drawing on its extensive experience in reducing taxes in the hospitality industry through asset allocation, Paragon International will meet with hotel buyers at the conference to discuss income tax reduction options, increase cash flow and accelerate return on investment by leveraging engineering and equity. Valuations that separate depreciable moveable assets from real estate. The personal property classification is eligible for additional depreciation and shorter tax lives, which increases tax deductions and generates cash flow. Paragon is advising hotel buyers to reduce their property transfer taxes before closing and claim immediate tax savings through this year’s time-limited 100% bonus amortization opportunities.
Attending the Hosting Conference? Schedule your one-on-one meeting with Paragon International to discuss how you can take advantage of the latest IRS tax codes and hospitality industry tax benefits to significantly reduce costs.
About Paragon International
Serving clients since 1985, Paragon International, Inc. provides independent, unbiased and accurate cost segregation analysis, property appraisals and valuations to help and support decisions related to taxes, risk management , investments, financing and business planning. Our consultants have extensive fixed asset experience – they are fixed asset experts. Thanks to this, we are able to offer a unique combination of irreplaceable human resources and state-of-the-art technology. We have specialists experienced in the valuation of closed titles, patents and other intangible assets, business enterprises, buildings, equipment and real estate. Additionally, Paragon provides comprehensive inventory and asset management solutions. We are a Certified Sage Fixed Assets Business Partner, assisting with software implementation and training, barcode labels and scanners, data conversion and ERP integration. Contact Paragon International to find out how we can help you.
Scott Swarts for Paragon International
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Contact person: Brian Dunn
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Country: United States