Showing posts with label 4% transfer fee on Mansions in Los Angeles. Show all posts
Showing posts with label 4% transfer fee on Mansions in Los Angeles. Show all posts

Saturday, April 1, 2023

L.A. Homeowners Rush to Offload Properties at a Discount as New Tax Looms

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L.A. Homeowners Rush to Offload Properties at a Discount as New Tax Looms

Luxury homeowners in Los Angeles are scrambling to get their properties sold by the end of March, before a new mansion tax takes effect. Starting April 1, sellers will face a 4% transfer fee on ...