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Los Angeles Mansion Tax

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

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Pasadena Measure H: Understanding Rent Control in 2023

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

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