Riverside County Tax Auction Set With 0 Floor for Bids

Riverside County Tax Auction Set With $100 Floor for Bids

Southern California deal-seekers have the chance to snap up a house on the cheap.  Riverside County opened registration for auctions on tax-defaulted homes, the California Post reported. Nearly 1,000 homes will be... Read more »

Democrats Counter Trump’s Investor Ban With Pitch for Fewer Tax Breaks, More Antitrust Protections

Senate Democrats are rolling out a proposal to curtail tax breaks to deter major real estate investors from buying up homes in the market, as President Donald Trump seeks congressional support for... Read more »
Bernie Sanders Plays LA In Push for Billionaire Tax Act

Bernie Sanders Plays LA In Push for Billionaire Tax Act

U.S. Senator Bernie Sanders aimed for California’s class of tech titans and struck the heart of the Golden State’s luxury residential real estate market in leading a rally for the proposed 2026... Read more »
LA Resi Agents Sound off on Proposed Billionaire Tax

LA Resi Agents Sound off on Proposed Billionaire Tax

Really?  That’s what some in Los Angeles real estate are asking as proponents look to put a proposed billionaire tax onto the November ballot. “This will be the icing on the cake... Read more »
L.A.’s Mansion Tax Chokes New Construction as Permits Plunge 40%, New Study Shows

L.A.’s Mansion Tax Chokes New Construction as Permits Plunge 40%, New Study Shows

The Los Angeles “mansion tax,” officially known as Measure ULA, was adopted nearly three years ago to combat homelessness and fund affordable housing, but new research suggests the policy has backfired, stalling... Read more »

Ohio’s Property Tax Repeal Could Mean a 20% Sales Tax, DeWine Warns

If Ohio voters abolish property taxes this November, as some grassroots organizers are pushing for, Gov. Mike DeWine says the replacement could come straight out of the checkout line.  Referencing an Ohio... Read more »
Kaestner Trust (U.S. Supreme Court): When Can a State Tax a Trust Based on Where Beneficiaries Live? – California Legal Guide | CPT Law

Kaestner Trust (U.S. Supreme Court): When Can a State Tax a Trust Based on Where Beneficiaries Live? – California Legal Guide | CPT Law

California Legal Implications: Trust Taxation and the Importance of Residency A landmark U.S. Supreme Court decision, *North Carolina Dept. of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust*, addressed whether a... Read more »

After Tax Foreclosure, Michigan Says Homeowners Can Claim Their Equity Back. The Results Suggest Otherwise

In 2023—the same year the Supreme Court’s Tyler ruling made clear that counties can’t keep more than they’re owed when taking properties to collect a tax debt—Michigan counties foreclosed on 2,165 properties.... Read more »
Fifth Circuit Ruling Clarifies Limited Partner Self-Employment Tax Exclusion

Fifth Circuit Ruling Clarifies Limited Partner Self-Employment Tax Exclusion

The U.S. Court of Appeals for the Fifth Circuit ruled that the meaning of “limited partner” under Section 1402(a)(13) of the Internal Revenue Code of 1986, as amended (the “Code”), is determined... Read more »
Britney Spears’ 1,000 IRS Tax Dispute: What You Need to Know About Flow-Through Income and Tax Deficiencies

Britney Spears’ $721,000 IRS Tax Dispute: What You Need to Know About Flow-Through Income and Tax Deficiencies

Understanding the Britney Spears Tax Case Pop icon Britney Spears is facing a significant tax challenge as the IRS defends its determination of a $721,000 tax deficiency and penalty. The dispute centers... Read more »