As LA toys with repealing a luxury real estate tax, NYC considers adopting one of its own
Amalfi Estates owner Anthony Marguleas said listings are slowing down and prices have been dropping, but there's plenty of room to fall in the Pacific Palisades
Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it
The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting the court overturn the dismissal of their lawsuit seeking to end the transfer tax on sales priced $5M and up
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
The president of Nourmand & Associates briefed Intel on how a new Los Angeles tax on high-priced properties has jolted the local real estate industry
In a move that marks the 1st time funds will be specifically allocated for use since the tax was passed, the council designated 6 different programs for funding, according to reports