Los Angeles Mansion Tax
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An additional transfer tax on real estate sales of $5 million or more recently went into effect in Los Angeles, California. Adopted by residents in November 2022, Measure ULA was signed into law on January 1 and became effective on April 1, 2023. While commonly called the “Mansion Tax,” this measure affects commercial, residential, and
Pasadena Measure H: Understanding Rent Control in 2023
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Pasadena passed Resolution No. 9970 on December 22, 2022, certifying that voters approved the Pasadena Charter Amendment Initiative Petition Measure Imposing Rent Control, also known as Measure H. Measure H prevents landlords from raising rents unreasonably and evicting residents without reasonable cause. If you’re a landlord, you must understand how to navigate this measure with tenants […]
COVID-19 Renters Protection Ends January 31, 2023
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As the COVID-19 pandemic impacts communities across the country, many As the COVID-19 pandemic impacts communities across the country, many