Replaced equipment that never leaves the books
A fryer gets replaced. A room gets new beds. But the original equipment package or furniture total stays on the asset list, even after much of it is gone.
Restaurants & Hospitality
Your business moves on.
Your tax listing should, too.
Kitchen equipment wears out. Guest rooms get refreshed. Brands require remodels. Aestim helps keep your business personal property tax listings aligned with what you own today, so yesterday’s assets don’t keep adding to tomorrow’s tax bill.
Built by property tax practitioners. Designed for the people who run the books.
The Aestim advantage
Built by property tax practitioners
Live in all 100 North Carolina counties
Built around your existing asset data
Where the records fall behind
Small oversights. More locations. A bigger bill.
For restaurants, franchise groups, and hotel operators, the challenge is keeping the asset list as current as the business.
A remodel recorded as one big number
Brand updates can bundle equipment, improvements, and project costs across several locations. A single entry can hide what belongs at each property and what was replaced.
The same asset counted in two places
A hotel’s cost segregation study serves an income-tax purpose. Carrying those categories straight into a property tax listing can include items already assessed with the building.
Look beyond the lump sum
“Furniture & fixtures” doesn’t tell the whole story.
A single line can represent hundreds of beds, lamps, chairs, and TVs purchased over several years. When only some are replaced, the total may stop reflecting what is actually there.
Your asset report says
“Guest-room furniture package.”
Look a little closer
Your listing needs the detail
What is still in service? What was disposed of? Which property has it? Are the new purchases sitting alongside the old ones?
Built around your operation
See what may be overlistedFrom the back of house to every guest room.
Your team knows what changed on site. Your accountant knows what changed on the books. Aestim helps bring those details together for property tax.
- Kitchen equipment and lease buyouts
Review fryers, coolers, ovens, and equipment packages against replacements, ownership records, and disposal history.
- Hotel furniture, fixtures, and room refreshes
Break down bundled purchases and identify items that were replaced or removed during renovations.
- Cost segregation and improvements
Compare property tax classifications with the real estate assessment, rather than relying only on income-tax categories.
- New locations and construction in progress
Review transaction detail, delivery dates, deposits, and project allocations to establish what belongs on each listing.
How Aestim works
A clearer listing. A more manageable filing season.
Start with your existing records and keep the detail that matters from year to year.
Step 01
Bring your records together
Start with asset reports, prior filings, invoices, and lease records. Include recent openings, remodels, purchases, and disposals.
Step 02
Resolve the asset-level questions
Review bundled costs, location assignments, ownership, and real-versus-personal property treatment. Keep the supporting detail with the asset record.
Step 03
File and stay ready for next year
Prepare listings, track deadlines, and retain the history behind your numbers. Reconcile later accounting updates without starting over.
You have more control than you think
What’s still on your listing that’s no longer in your business?
A focused review can help spot outdated equipment packages, replaced furnishings, and classification questions before they follow you into another tax year.
Start with a potential savings review
Let’s look at your locations.
Tell us about your restaurants or hotels and how you handle property tax today. Start with a no-cost review.
Book your reviewNo commitment required. Jurisdiction coverage is confirmed in the initial conversation.Frequently asked questions
For the people keeping everything running.
Practical answers for owners, controllers, and their accounting teams.
Our CPA already prepares our taxes. Where does Aestim fit?
Aestim supports the business personal property tax workflow alongside your accounting team. The review focuses on asset detail, local classification, disposals, and filings that may need different treatment from an income-tax depreciation schedule.
We completed a cost segregation study. Should we review our listing?
Yes. It is a useful point to compare the study, your personal property listing, and the real estate assessment. Income-tax categories do not by themselves establish local property tax treatment; the review looks for potential overlap and classification questions.
What if our asset records are just equipment packages or lump sums?
Start with what you have. Original invoices, lease buyout schedules, remodel records, and your team’s knowledge of replacements can help reconstruct the detail. Some items will need additional documentation before a correction can be supported.
Can we work across several restaurants or hotels?
Yes. Aestim organizes assets and filings by location, helping your team track changes across properties. Aestim is live in all 100 North Carolina counties; we’ll confirm coverage for any locations outside North Carolina.
What if the depreciation schedule is finalized after property tax filing?
Keep a record of the source data used for the filing, then reconcile the finalized schedule when it becomes available. Aestim’s asset history supports that continuity and helps your team explain differences when questions arise.