Typically the LLC owns the property and what you are calling the GP is the manager of the LLC.For Schedule of Real Estate Owned (SREO) wherever I'm the syndicator, guarantor or deals where I'm a passive investor are all on the list.

The original bill, talked about here, would quadruple the property taxes on any home operated as an STR for 90 days or more in a year.

This is typically required by most local codes.

Typical rates are 8-12% of income either monthly or yearly depending on manager.

For our planning clients we use software where you can link all of your accounts and manually enter too, and so it operates initially like Mint but goes way further with great analysis in all core areas, particularly taxes.  

Would anyone be willing to share what's typical in this market regarding the following items?

Do you just operate STR's? 

I still have a few businesses out there and even though we no longer operate I have not shut down the LLC thus get that notice yearly to pay.

@Patrick McMaster Typically CPAs don't perform cost segregation studies, but they do need to understand how to utilize the cost segregation study report on your tax return.

Get me while you can.If you operate with let's say a $10k net loss this tax year can you carry that loss forward against next year's income?