Mills Act Lofts Lead to Lower Taxes for Downtown Los Angeles Real Estate in 2018

Mills Act lofts lead the way for Downtown Los Angeles real estate in 2018.  These historic condominiums with exciting character such as high ceilings with concrete pillars come with a built-in bargain thanks to the law that pays owners to maintain the buildings with their original features. #millsact Readers of the L.A. Loft blog have …

Tax Law Changes for 2018 – Will It Affect Los Angeles Real Estate and Property Taxes?

REAL ESTATE NEWS Substantial changes have been made to the federal tax code for the new year. The new law almost doubles the standard deduction for 2018, but personal and dependent exemption deductions are eliminated. This will benefit some taxpayers and harm others. The Tax Reform Bill will have some effect on housing.  #taxreformbill #propertytaxes #millsact …