Hospitality & Franchise Questions

[Cody Hunter]

Hi all,

We are working to secure out first hospitality property. Our thought is to put the real estate and the business in separate companies then draft a lease between them. This would separate liability and differentiate the active vs passive income. Real estate under our current active business. New company under an entity in that state. We are trying our best to create the foundation to expand our portfolio & brand. I haven't been successful in finding resources as to the best structure to add property's and potentially franchisees in the future. 

Questions:

1) What is the best structure between business and property (combo vs lease)? And for acquiring property? And for franchising?

2) How does structure effect refi? 

3) How does structure effect taxes?

All for know. Thank you for the input.