California Tax Increase

CA taxes to go from way too high to extremely way, way too high — unless you vote no.

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 a home more expensive and difficult, potentially taxing people out of their homes and pushing homeownership out of reach for many of California’s working families. We need YOUR help to STOP these bills! We ask you to TAKE ACTION NOW!

SB 1105 grants vast, unchecked, taxing and bonding authority to an unelected Housing Agency Board in San Diego which would consist of 6 appointed representatives, serving 4-year terms that can by resolution, or initiative, impose: special taxes on real property; a parcel tax; a gross receipts business license tax; a special business tax; a documentary transfer tax; a special land value windfall tax, or a commercial linkage fee.

The proposed Agency requires revenues generated to assist in the construction of housing broadly defined. Revenue which could go to large developers of rental homes and no restrictions on the agency purchasing single family homes which could then further limit the opportunities for home ownership. The costs of solving California’s housing problems should not be placed on working Californians struggling to stay afloat and keep their homes in a tough economic environment, especially when there is a 97 billion dollar state surplus.

Similar to SB 1105, SB 679 would establish a local Housing Agency in LA with a 19 member “governing board” to raise revenues through: a parcel tax; gross receipts business license tax; a document transfer tax, or the issuance of bonds to fund affordable housing preservation (acquiring, rehabilitating, deed restricting, etc.).

Here’s how you can help! — Ask your friends and family to TAKE ACTION! And continue re-posting on social media! We are stronger together and your voice will help us defeat SB 1105 and SB 679. For questions, please contact notax@laloftblog.com

Sincerely,

The L.A. Loft Blog, The REALTOR® Party of California and the CALIFORNIA ASSOCIATION OF REALTORS ( This communication was originally sent by: REALTOR® Party of California. 500 New Jersey Ave NW | Washington | DC | 20001 )

Save money on property taxes by living in an amazing historic Mills Act loft condo unit! Fill out the online form:

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The tax man cometh in California — unless we tell him to go away.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Reali, Inc, CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Rowan Building Lofts 460 Spring St #701 — New Photos and Video Tour

Rowan Building Lofts 460 S Spring St #701

Lots of natural light, awesome city views and parking included! Historic character and style with modern kitchen and bathroom. Washer and dryer laundry in unit. The Rowan is conveniently in the heart of Downtown Los Angeles, right next to Spring Street Park. The historic building consists of 206 loft condo units, meticulously converted into innovative living spaces. showcased by the original exposed brick walls and oversized windows with mahogany wood window sills. Take a look at the photo slideshow:

Italian Scavolini cabinetry, Bosch appliances, granite or CaesarStone counter tops, TOTO bathroom fixtures and Maple wood flooring add special touches of distinction. Bedroom area provides excellent separation, privacy and a large closet. This loft is a 1 bedroom, 1 bath, approximately 720 / 830 sq ft living spaces (per county / developer). The rent includes a covered parking space in the building behind the Rowan Lofts. Former model home. Just steps from countless restaurants, cafes, bars, pubs, shopping, entertainment and public transportation. Centrally located in Downtown LA, walk or bike almost anywhere – Easy access to Fwy: 110, 10, 101 near Metro-Red Line Pershing Square. DETAILS | VIDEO

Request new listings or a viewing of Rowan Building lofts. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Condo apartment unit with views

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Reali, Inc, CalDRE 01889449. We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.