Philadelphia Property Tax Reduction Opportunities

Property taxes are often one of a company's largest recurring operating expenses. The City of Philadelphia Office of Property Assessment has completed a 2018 reassessment of Philadelphia's commercial, industrial and other nonresidential properties. This is the first assessment following the new Actual Value Initiative (AVI) which was enacted in 2014.

Notices of change in assessment are being sent to property owners starting April 14, 2017. Our team of tax professionals can help review your notice of value and potentially reduce your property tax liability.

Duff & Phelps specializes in identifying property tax savings opportunities by helping our clients determine which properties are over-assessed, the factors leading to over-assessment and pursuing assessment reductions through the property tax appeal process. For organizations that believe their property tax values are excessive and should be reviewed and appealed, Duff & Phelps will perform a complimentary review of their real estate portfolio.