Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

344
Posts
276
Votes
Paulette Midgette
  • Investor
  • Philadelphia, PA
276
Votes |
344
Posts

Personal Property Tax Return County of Horry

Paulette Midgette
  • Investor
  • Philadelphia, PA
Posted

Hello BPer's,

I purchased a property (vacation/STR) in Garden City Beach last year. I recently received the PT-100 personal property tax return for filing. I have many questions about how to complete the form and I am willing to pay for a tax preparer to complete, if I can find one!

I have reached out a Liberty Tax, H&R Block, a local account to help me understand how this return should be completed. They don't support these filings I found instructions for completion on the State's website, but that didn't help with my full understanding.  As a last resort I reached out to my management company, no help here.  It can't be this hard, can it?!

Please, I am looking for any resource that can help me complete this return myself or get to someone who can.

Here are some questions I have:

1. The form asks for total acquisition cost: I purchased the condo furnished and would have no idea of the cost of the existing furniture.  I do know none of it is brand new.  I have spent about $600 dollars buying a TV and lamps.  Is this the total acquisition I need to report?

2. Where do I find the SC Income Tax Depreciation Table?

4. There is a portion on the back of the form "for Residential Type Properties Only" is this the only section I need to complete?

3. If taxes are owed, do I send the payment along with the return?

Any help will be greatly appreciated.

Most Popular Reply

User Stats

12,387
Posts
15,034
Votes
John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
15,034
Votes |
12,387
Posts
John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
Replied

I never fill these out and just pay the flat rate which is has always been less than $100.  

  • John Underwood
  • Loading replies...