Motel Mingle Forums Motel Valuations How do we value a Motel Freehold? Reply To: How do we value a Motel Freehold?

#1820

imageBallina Colonial Motel

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    How remiss of me not to have continued the conversation and imparted the details of the ‘add-backs’!
    The only add-backs’ now being allowed are: Depreciation, Borrowing Costs (Rent/Interest) and Owners Wages/Superannuation.
    Once upon a time, Accounting and Legal Fees, Bank Charges, Motor Vehicle Expenses (net of FBT), were deemed to be ‘add-backs’, but not anymore.