Statistics show that investing a 1031 exchange in a hotel development yields three times more profit than the average benefits.
NEW YORK – Hospitality Investments and Developments, a leading player in the New York City hotel development market, is looking for new investors in light of the current economic boom within this dynamic sector. The company reports that their team is already seeing investor inquiries growing daily but there are still several opportunities out there for the savvy individual who knows a good deal. 1031 Exchange Properties individuals are expected to represent a huge portion of the investment activity.
“Investing in a NYC hotel development makes perfect sense for 1031 Exchange individuals. Nowhere else can one make three times more profit than the average benefit,” explains Levi Yitzchak.
“If individuals have sold or are thinking about selling real property in the near future, they want to avoid or defer paying substantial capital gains taxes at sale. Therefore, an ever-increasing number of new investors are banking on the profitable margins returned by smart investments in NYC hotel developments,” continues Yitzchak.
Hospitality Investments and Developments advises clients about the many benefits of investing a 1031 Exchange in the NYC hotel industry. According to the company, investors will get added value to their equity from day one. In addition to real estate, investors can participate in operation cash flow. Individuals can maximize their investment (without the rush) with ongoing hotel projects in the Big Apple.
1031 Exchange individuals are encouraged to contact Levi Yitzchak for the best investment advice available in the industry.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
