The Ethical Dimension of the Angeles Mansion Tax Debate |
Üdvözöllek a Fórumban! ( Bejelentkezés | Regisztráció )
The Ethical Dimension of the Angeles Mansion Tax Debate |
May 9 2024, 06:25 AM
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Advanced Member Csoport: Members Hozzászólások: 13,072 Csatlakozott: 12-October 22 Azonosító: 4,009 |
Measure ULA passed in the November election and it increases the transfer tax of real estate (commercial as well, not just residential) sold for $5 million and more which is located within the City of Los Angeles.
The new tax imposes an additional 4% transfer tax for commercial properties valued $5 to $10 million and an additional 5.5% for commercial properties valued at $10 million or more. The tax applies even if the property is sold at a loss. This new tax takes effect April 1st, 2023. To explore your selling options before this tax takes effect, contact me now. |
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Szöveges verzió | A pontos idő: 31st May 2024 - 12:33 AM |