The City of Pittsburgh has offered some developers of new residential condos and lofts the ability to not pay property taxes for up to 15 years.
When searching for a Pittsburgh condo or loft you must pay attention to what ones have a tax abatement. You could have the opportunity to avoid paying any property tax (you would still pay for land in any situation but this is very minimal). Some of the tax abatement has already started to run out their 15 years and it is important to ask or research this before you buy. It significantly increases your buying power! We have listed some of the projects with partial abatement (not full but partially run out and/or not 100%) and others that are full (100% Tax Abatement but may not be for 15 years). Each condo will have its own situation that must be understood in order to make a good decision. Find out which condo developments qualify for The City of Pittsburgh Tax Abatement Program