Dearomatization of the five-membered ring of N-Dipp (Dipp = 2,6-diisopropylphenyl)-substituted benzazaphosphole 2 with HCl generated 1−Cl, which undergoes substitution with halide sources to provide the remaining members of the Phalogenated series (1−F, 1−Br, and 1−I). These P-heterocycles (1) were characterized by multinuclear [ 31 P{ 1 H}, 1 H, 13 C{ 1 H}, and 19 F (if applicable)] NMR spectroscopy, elemental analysis, and X-ray crystallography. 1 H and 13 C{ 1 H} NMR spectroscopy revealed that derivatives 1−F, 1−Cl, and 1−Br have C 1 symmetry in solution. In contrast, 1−I has effective C s symmetry in solution due to a rapid, concentration-dependent, inversion at phosphorus, shown by density functional theory (DFT) calculations (B3LYP-D3/6-311G**++) to involve a dimeric iodine-bridged transition structure. In the solid state, 1−F through 1−I all exhibited C 1 symmetry with varying degrees of elongation of their P−X bonds. Elongation of the P−X bonds is shown by DFT/natural bond orbital studies to involve N LP → σ*(P−X) negative hyperconjugation, which increases down the halogen series but is less pronounced than that for the closely related NHP−X counterparts (3−F through 3−I). Treatment of 1−Br/I with [Pt(P(t-Bu) 3 ) 2 ] afforded Pt(I)−Pt(I) dimers 4−Br/I, which were characterized by 31 P{ 1 H}, 1 H, and 13 C{ 1 H} NMR spectroscopy, elemental analysis, and X-ray crystallography. Addition of 1−F to Pt(PPh 3 ) 4 gave Pt(1−F)(PPh 3 ) 2 (6), a coordination compound in which the P-heterocyclic ligand is bound through its lone pair without P−F bond cleavage. Recrystallization attempts resulted in ligand exchange, furnishing Pt(0) complex 7, which features 1−F and PPh 3 donors in a 2:1 ratio. Reactions of 1−Cl with all tested starting materials produced unidentifiable product mixtures by 31 P{ 1 H} NMR spectroscopy, but the combination of Pt(PPh 3 ) 4 or Pt(PPh 3 ) 2 (C 2 H 4 ) and 1−Cl in acetone generated an unisolable Pt complex containing tentatively assigned PtP 2 metallacyclopropane structural unit 8.