Pennsylvania/Philadelphia tax question

[MarkM]

I have an LLC client (partnership) that is located in Havertown but owns a commercial property in Philly. 2007 was their first year in existence.

Do they have to file the BPT and/or NPT returns with the city? 2007 rental income was about $25,000 and there was no payroll, if those factors are relevant.

(I practice in MA, that's why I am asking).

[BobinNJ]

I have an LLC client (partnership) that is located in Havertown but owns a commercial property in Philly. 2007 was their first year in existence.

Do they have to file the BPT and/or NPT returns with the city? 2007 rental income was about $25,000 and there was no payroll, if those factors are relevant.

(I practice in MA, that's why I am asking).

Yes. Your Partnership is probably liable for Business Privelige Tax and since it has property in the city limits, Business Use & Occupancy Tax. Visit www.phila.gov for more research and info about this.

Bob