Midas accounting software is an internet-based application. This technology allows us to analyze revenue and labor daily in order to make management decisions quickly. Because we are first and foremost, a return-driven company, we make a strong case for a cost segregation study on profitable projects.

A cost-segregation study properly classifies real property in between structual and non-strucutral. The study allows owners to reclassify 39-year property to 15-, 7- and 5-year property, which substantially accelerates tax depreciation and defers income taxes. All hotels built, acquired or renovated since 1987 can qualify for this benefit. Midas Hospitality works closely with third-party engineers and consultants to help facilitate a cost segregation study for your property. J.T. Norville, CPA can oversee this service for third-party clients and for those within our family of managed hotels.