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Updated about 7 hours ago on . Most recent reply

Filing Tax for S-corporation
Hi Everyone,
Question, we are 3 partners doing a flip in NY. Total Gut renovation. Purchased property in 04/2024, Hopefully in market by end of May 2025. It's under S corporation, has a bank account, and funds are being used to construct. 1st project for us. will speak to my CPA this week.
But wanted to ask bigger pocket community how to go about re: filing the taxes.
Thank you for for you help and guidance.