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REAL ESTATE NEWS (Los Angeles, CA) — L.A. voters have approved Initiative Ordinance ULA, also known as the “mansion tax,” which imposes a new real property transfer tax on all real property sales priced or valued from $5 million up to $10 million and a higher rate for properties priced or valued at $10 million …
REAL ESTATE NEWS (Los Angeles, CA) — The L.A. Loft Blog has joined the California Association of REALTORS® in opposing Senate Bill 1105 (Hueso) and Senate Bill 679 (Kamlager), each of which creates an unelected agency with the power to impose a range of new property taxes. Those taxes would make keeping and getting into …