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Updated almost 9 years ago,
Philadelphia Use and Occupancy License
Hello BP! I presently have 3 rental properties in Philadelphia, PA. I purchased my first property 2.5 years ago and the other 2 were purchased just in the last 6 months. I do have a Use and Occupancy licence for my first property but I am unsure if I need to file for additional licenses for every investment property I acquire. Can I just include all rental income from all properties under the Use and Occupancy license I already have? Or do I need to have a unique Use and Occupancy license for each property I buy? I would love to hear from some local accountants on this matter but all input is welcomed. Thank you!