City residents who live in their own homes have only one month left to file for a Homestead Exemption. What is a big mystery is that tens of thousands of homeowners who are eligible for this significant tax break have failed to apply for it.
— Assessed value, actual value, market value. Property taxes have you confused? Join the crowd …
Ready or not, Philadelphia is going to get a complete property tax overhaul, so homeowners should prepare themselves to fight for affordable tax bills, according to City Councilman Brian O’Neill.
Next week is the deadline for Philadelphians to apply for a homestead exemption, which was created to lessen the impact of potential increases in property taxes.