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Are hotels in senior housing considered real estate?


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Mehta do you mean senior housing exactly?

If for purposes of tax then land tax is the same on sale if determined to be for a biz purpose.

If regulations wise - weekly and longer rental contracts are not hotel biz and largely unregulated apart from basic building codes.

While daily falls under hotel definition and has a load more regulations to consider/ meet.

All This I have been told by two independent lawyers just earlier this month in regards to different projects I have on the go.

Hope this helps

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