The Hidden Property Tax Penalty Hitting New Homebuyers

The Hidden Property Tax Penalty Hitting New Homebuyers

As the property tax revolt reaches a fever pitch across the country, a new analysis points to an often overlooked person bearing the brunt of rising tax burdens: homebuyers. The national push... Read more »
The ‘Exit Tax’ That Can Make Vacant Homes Worth Holding

The ‘Exit Tax’ That Can Make Vacant Homes Worth Holding

In a normal market, an empty home is a wasting asset: Equity sits trapped, no rent comes in, and the owner keeps paying property taxes, insurance, maintenance, utilities, and fees. But the... Read more »
Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to... Read more »
Coalition Asks City Committee to Amend Mansion Tax

Coalition Asks City Committee to Amend Mansion Tax

Industry trade groups looking to thwart a statewide ballot measure that could topple the city’s mansion tax, took their proposals to Los Angeles City Hall on Friday. The Affordable LA: Mend It,... Read more »
Coalition Led by Miguel Santana Recommends Mansion Tax Tune-up

Coalition Led by Miguel Santana Recommends Mansion Tax Tune-up

If Los Angeles heavyweight Miguel Santana has his way, he’d rob support for a statewide initiative to scuttle the city’s so-called mansion tax by drawing backers for a superior fix. The CEO... Read more »
Will new tax on ultra-luxury NYC homes derail red hot demand?

Will new tax on ultra-luxury NYC homes derail red hot demand?

Will new tax on ultra-luxury NYC homes derail red hot demand? Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 3 hours ago LatestYour... Read more »
Commercial Deals Bring in 56 percent of Mansion Tax Revenue

Commercial Deals Bring in 56 percent of Mansion Tax Revenue

Three years, nearly 1,600 deals and $1.1 billion later, Measure ULA – sold to voters as a “mansion tax” – has gotten most of its revenue from commercial real estate transactions ranging... Read more »
Kansas Governor Vetoes Property Tax Bill, Offers Own Solution

Kansas Governor Vetoes Property Tax Bill, Offers Own Solution

Kansas Gov. Laura Kelly vetoed a legislative attempt to create a property tax cap, but offered a plan for reform. In her veto message, Kelly said a proposal Republicans put forth, which... Read more »
LA Homebuilders Could See 0 Million From ULA Tax Haul

LA Homebuilders Could See $360 Million From ULA Tax Haul

L.A. Mayor Karen Bass and City Councilmember Ysabel Jurado have proposed allocating more than $360 million to developers and nonprofits to build and preserve affordable housing across the city. The investment that underscores the administration’s focus on... Read more »