10 Tax Abatement Deadline

[Rick C.]

Hello Philly Flippers,

I am in the process of applying for a 10 year tax abatement on my recently completed flip and just learned that you are supposed to apply for it in the same calendar year that the permits were issued (in this case 2018). Has anyone made this mistake? If so, were you able to rectify the situation?

[Alex T.]

@Rick C. I'd head down to the OPA office at 601 Walnut St ASAP with your abatement application. I've definitely heard of people securing an abatement in a year following their permits. One contractor I know had the permits issued between Christmas and NYE - and he was out of town - so he never did the abatement until the new year. I believe it worked out for him. Stuff happens, but you really don't want to delay it further. Hopefully, you've since submitted the application. Regardless, you should show your face down at the OPA office and try to get someone to confirm to you that the application will be processed. Good luck - let us know what happens.