FYI all Philadelphia Real Estate Investors -
The Philadelphia County Transfer Tax Rate is increasing January 2017 from 4% to 4.1%.
As many of you know, the transfer taxes vary municipality by municipality. The standard PA transfer tax is 2%.
Thanks for the heads up @Zachary Paul
Thank you for the information.
Philly is a great city but the city of Brotherly Love loves their taxes. Over the past 3 year I have seen the real estate tax on my properties (in Philly) go up between 20% to %40.