AVOID the LA City Mansion Tax (Measure ULA) - Guide for Los Angeles Property Owners
LA City real estate sales are about to get a lot more expensive thanks to Measure ULA, aka the Mansion Tax. As of April Fool’s Day 2023, transfer taxes will dramatically increase for any real estate sales over $5 million. We run through which properties will owe these taxes and go on a whiteboard adventure to calculate actual Measure ULA transfer taxes. Finally we cover 6 ways to avoid paying the LA City Mansion tax!
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