Shownotes
Every hotel owner knows the business is cash-hungry — payroll, PIPs, taxes, debt service. But too often, the financial side is neglected until it’s too late. In this episode of The Room Key, I sit down with Paden Squires, CPA and CFP®, to talk about the financial playbook every hotel owner should be running.
We dive into:
- Why clean, consistent financials are the foundation of every good business decision
- The most common mistakes hotel owners make with their books
- Separating personal wealth planning from hotel operations
- How to approach debt and leverage without becoming a forced seller
- Entity structures and tax planning every owner should know
- Cost segregation and the return of 100% bonus depreciation — how aggressive is too aggressive?
- Preparing for the “dirty surprise” of depreciation recapture at sale
Whether you own one property or a portfolio, this conversation will help you see your numbers as more than compliance — they’re the key to growing wealth, protecting your business, and making smarter long-term moves.