Discover the Shocking Contrasts of Downtown LA: Luxury Lofts with Huge Tax Savings, and Skid Row Tent Mansions for the Homeless!

Downtown Los Angeles has been undergoing a transformation into an expensive luxury neighborhood. The Mills Act program can help prospective home buyers find a great deal on amazing lofts. The program provides property tax benefits that represent significant savings on historic homes, which encourages preservation and rehabilitation of these buildings. However, just blocks away from …

Los Angeles Mansion Tax

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 …