Who’s Exempt From Measure ULA Transfer Tax?

Who’s Exempt From Measure ULA Transfer Tax?

When UCLA bought a former mall in West L.A., its seller paid nothing under the city’s “mansion tax.” But when the head of Arizona’s public universities bought a building Downtown, its seller... Read more »
MBA, NHC laud lawmakers for unveiling bipartisan tax agreement

MBA, NHC laud lawmakers for unveiling bipartisan tax agreement

Just ahead of a deadline to avert a partial U.S. government shutdown, lawmakers in the U.S. House of Representatives and the U.S. Senate unveiled the “Tax Relief for American Families and Workers... Read more »
‘Mansion tax’ prevails in court with judge dismissing lawsuit

‘Mansion tax’ prevails in court with judge dismissing lawsuit

An L.A. County judge dismissed a lawsuit challenging L.A.’s “mansion tax” on Tuesday, marking the end of a months-long legal challenge from the luxury real estate community that looked to declare the... Read more »
LA’s “Mansion Tax” Becomes New Villain on Reality TV Show

LA’s “Mansion Tax” Becomes New Villain on Reality TV Show

In the latest season of the reality TV show “Selling Sunset,” a surprising antagonist emerged: Measure ULA, the “mansion tax” aimed at alleviating L.A.’s housing shortfall. Despite projections of raising $923 million... Read more »
New global hotspots, tax code changes to shift luxury real estate landscape in 2024: Sotheby’s

New global hotspots, tax code changes to shift luxury real estate landscape in 2024: Sotheby’s

To maximize wealth transfers and avoid imminent tax exemption cuts, high-net-worth individuals are migrating accordingly. Image credit: Sotheby’s Real estate firm Sotheby’s International Realty is projecting a series of changes across global markets. According to the company’s fourth annual 2024 Luxury Outlook report,... Read more »
Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Voters are set to decide whether to increase the tax paid on real estate sales above $1 million. Landlords and business groups say referendum violates the state constitution. The verdict is in... Read more »
Property Tax Deduction Limit 2023

Property Tax Deduction Limit 2023

If you own a home in the United States, you may be eligible to deduct your property taxes from your federal income tax return. However, the Tax Cuts and Jobs Act of... Read more »
Firm Sponsors Hawaii Tax Institute and USC Trust & Estate Conferences

Firm Sponsors Hawaii Tax Institute and USC Trust & Estate Conferences

For the first time, Keystone sponsored and exhibited at the 60th Annual Hawaii Tax Institute Conference, the nation’s premier tax and wealth transfer conference. Held in Honolulu from November 5-9, the conference... Read more »
Tax Assessed Value vs. Asking Price: What’s the Difference?

Tax Assessed Value vs. Asking Price: What’s the Difference?

Introduction Tax Assessed Value and Asking Price: When it comes to real estate transactions, two crucial factors often take center stage: Tax Assessed Value and Asking Price. These metrics are integral to... Read more »
Wells Fargo, CoreLogic partner on real estate tax processing operations

Wells Fargo, CoreLogic partner on real estate tax processing operations

Wells Fargo and information services company CoreLogic partnered on real estate tax processing operations to enhance risk management, compliance and customer experiences in the mortgage servicing sector. CoreLogic will manage real estate tax... Read more »