Last year, amid a drum-tight rental market, Sydney Wright pondered leaving California. With her $72,000 salary, the thirtysomething from La Crescenta said the only one-bedroom apartments she could find were either too... Read more »
Pam O’Connor, the former mayor of Santa Monica, filed a proposal with the city on March 28 seeking to exclude multifamily properties from Measure GS, or the so-called mansion tax, according to... Read more »
One year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally known as Measure ULA,... Read more »
The Los Angeles City Council passed a $150-million spending plan for funds raised by Measure ULA on Tuesday, marking the first time funds will be specifically allocated since Angelenos passed the tax... Read more »
Although California’s ambitious agenda to reduce fossil fuel use by transitioning the state from gas and diesel vehicles to electric ones promises important climate benefits, it also sets up a potential transportation... Read more »
Cavan Images | Cavan | Getty Images President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However,... Read more »
![Tax Implications of Estate Planning In California [Essential Insights]](https://cpt.law/wp-content/uploads/2023/08/img1.webp "Tax Implications of Estate Planning In California [Essential Insights]")
If you’re wondering what the tax implications of estate planning in California are, you’re at the right place. Estate planning requires understanding of various types of taxes. These include inheritance, gift, and... Read more »
Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season,... Read more »
With property tax bills as high as they are in Southern California, you’d think that homeowners would sign up for every break they could get. You would be wrong. Since 1974, the... Read more »
The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move lauded by housing advocates including the... Read more »