William Kerr Jr.'s Legal Insights
PA Commercial Property Owners: Should You Consider Appealing Your Property Tax Assessments During the Coronavirus Pandemic?
May 2020 marks the second month where lost business revenues, unpaid rent and tenant expense reimbursement could have a significant impact on landlords and owners of commercial and residential income producing properties. What can be done? With the near universal loss of business revenue during the coronavirus pandemic, everyone is being affected. Lawmakers have enacted […]
Can You Trust Philadelphia’s (Ten Year Tax Abatement) Process?
Philadelphia’s Ten Year Tax Abatement Program has been in place for almost twenty years. It was instituted to spur new development and re-development, by exempting, for ten years, the value of any improvements to real estate. Over the past few years, many new or recent home buyers in Philadelphia with ten year abatements, have opened […]
Norristown’s New Real Estate Tax Abatement Zone Could Provide A Significant Financial Incentive To Your Business
July 24, 2015 By William F. Kerr, Jr., Esq. This week, the Municipality of Norristown moved an important step closer to revitalizing the municipality’s economy when its Municipal Council approved a tax abatement program. The LERTA program now moves on for approval by Montgomery County and the Norristown Area School District, which approvals many expect will […]