What are the requirements regarding disclosing rental property on the City Financial Disclosure Form?
Filers are required to disclose any real estate in which the filers have an interest that was sold to the City, purchased from the City, leased to or from the City, or subject to any condemnation proceeding by the City in the previous calendar year. If a filer receives rental income of more than $500 during the calendar year, that must be disclosed as well.
These advice tidbits are for reference only. They are not intended as legally protective guidance or binding interpretation of laws within the Board's jurisdiction. You can request individualized informal advice by contacting BOEGCStaff@phila.gov or clicking the Ask for Advice button on the Board's website.