Most properties are syndicated. Hotels are interesting because they are mix of different asset types. The GP operates the place and LPs contribute capital. Accelerated and bonus depreciation passthrough to the LPs entity.
And how is a hotel a mix of different asset types?
What does GPs and LPs have anything to do with using a hotel to gain a special tax advantage that is not available to any other commercial real estate?
What does syndicated mean?
And how is a hotel a mix of different asset types?
What does GPs and LPs have anything to do with using a hotel to gain a special tax advantage that is not available to any other commercial real estate?