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Updated about 3 years ago on . Most recent reply

Hassan O.'s profile image
Hassan O.'s profile image
Hassan O.
  • Investor
  • from San Diego, CA
  • Member since Nov 24, 2017
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75
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Hassan O.'s profile image
Hassan O.'s profile image
Hassan O.
  • Investor
  • from San Diego, CA
  • Member since Nov 24, 2017
Connect
Hassan O.
  • Investor
  • San Diego, CA
30
Votes |
75
Posts
Multi-Family and Apartment Investing

Tax formula for SC taxes on purchase

Hassan O.
  • Investor
  • San Diego, CA
Posted

Hi. I’m looking at a commercial multifamily opportunity in Columbia, South Carolina and need to calculate the taxes due on purchase. Does anyone have the formula for Richmond county on acquisitions? 

I don’t know if there are any value thresholds so let’s say $11M purchase. Are there any special stipulations based on purchase price or size?

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