Since the “mansion tax” took effect last April, a bevy of groups have aired their grievances. Developers claim the tax eats into their profit margins, stifling new housing projects. Commercial property owners... Read more »
Los Angeles is roughly a year and a half into its so-called “mansion tax,” levying charges on high-end property sales to raise money for affordable housing and homelessness initiatives. Measure ULA charges... Read more »
Street scene in Old Bond Street, Mayfair, London, United Kingdom. Pawel Libera | The Image Bank | Getty Images LONDON — Monaco, Italy, Switzerland, Dubai. They’re just a few of the destinations... Read more »
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 »