Beware of increase acquisition costs when purchasing you investment property in Philadelphia.  Prudential Fox and Roach’s Frank L. DeFazio, Esq reports in his blog Center City Team that there will be an increase in Transfer Tax taking effect on  February 20th.  Pennsylvania already ranks as 9th highest in  closing cost across the country.  Keep this in mind when planning your next investment, this could make the difference on your ROI.
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