The so-called “mansion tax” approved by Los Angeles voters in 2022 and effective April 1, 2023 (Measure ULA) is a misnomer. It establishes a new 4% documentary transfer tax on the sale of any real property priced or valued...more
4/13/2023
/ Commercial Leases ,
Estate Planning ,
Ground Leases ,
Leases ,
Limited Liability Company (LLC) ,
Local Ordinance ,
Property Valuation ,
Real Estate Transfers ,
Realty Transfer Taxes ,
Rental Property ,
Residential Property Owners ,
Transfer Taxes