Philadelphia, PA – Big changes are coming to the city’s Business Income and Receipts Tax (BIRT), and they’ll impact thousands of small businesses — including many real estate agents, brokers, and investors who operate as LLCs or independent firms. Starting in 2026, Philadelphia will eliminate the longstanding $100,000 revenue exemption from the BIRT. This means all businesses, regardless of...
Local News
Horsham Township, PA – Homeowners, property buyers, and investors in Horsham should be aware of important updates that may soon impact building regulations and fire safety requirements in the area. The Horsham Township Council is set to review two proposed ordinances that would align the township with the 2021 International Property Maintenance Code (IPMC) and the 2021 International Fire Code...
The National Park Service (NPS) is looking for the right tenant to breathe new life into the historic Kennedy Supplee Mansion at Valley Forge National Historical Park. The Victorian-era property, located on the eastern edge of the park in King of Prussia, has sat vacant since the Kennedy Supplee Mansion Restaurant closed its doors in 2005. $10 Million Planned for Rehabilitation To attract a tenant,...
If you’re planning to buy or sell a home in Chester City, PA, there’s an important regulatory update you should know about. As of June 26, 2025, the Chester City Council officially repealed the requirement for a pre-sale inspection on residential properties. What Does This Mean for Home Sellers and Buyers? Homeowners in Chester City no longer need to schedule or pass a city-mandated pre-sale...
The Next Step Programs (TNS), a nonprofit based in Doylestown Borough, has announced an important milestone in its Vision 2030 Integrated Housing Project. The organization has selected Union Studio Architecture & Community Design as the lead architectural firm to design an inclusive housing and workforce development campus for young adults with intellectual and developmental disabilities...
Bucks County residents will have an important opportunity to safely dispose of household hazardous materials at an upcoming waste collection event hosted by the county government. The Household Hazardous Waste Collection is scheduled for Saturday, August 9, 2025, from 8:30 a.m. to 2:00 p.m. at Bucks County Technical School, located at 610 Wistar Road in Fairless Hills, PA. This event offers homeowners...
Homeowners and homebuyers in the Centennial School District should be aware of a significant financial development that could impact the local community—and possibly real estate values—in the months ahead. At a special meeting held on June 26, 2025, the Centennial School Board failed to approve its proposed $156.4 million budget for the upcoming 2025–2026 school year. The proposed budget included...
Philadelphia-area residents and commuters, take note: sweeping changes to the region’s public transportation system are officially in effect. On June 26, 2025, the Southeastern Pennsylvania Transportation Authority (SEPTA) board approved a budget that will slash nearly half of its transit service and increase fares, in an effort to close a $213 million annual deficit. These changes could significantly...
If you’re a current or prospective homeowner in the Pennridge School District, there’s an important financial update you should be aware of. On June 18, 2025, the Pennridge School Board officially approved a $163.2 million budget for the 2025–2026 school year, which includes a 3.65% increase in real estate property taxes. What This Means for Property Owners As part of the new budget, the real...
If you own or manage rental property in Hatfield Borough, there’s a new local ordinance you need to know about. During the Spring Town Hall meeting on May 14, 2025, Hatfield Borough officials discussed the borough’s residential rental property inspection program, officially adopted under Ordinance No. 557. This ordinance, which became effective January 1, 2025, is designed to protect public health,...