Category: transfer tax

Groups File Suit Against Los Angeles’s Property Transfer Tax for Affordable Housing

A taxpayer rights nonprofit and a landlord advocacy group filed a lawsuit Dec. 22 against a new real estate tax placed on large property sales to fund affordable housing and homeless services in Los Angeles. Initiative Ordinance ULA proposed enacting a 4 percent property sales tax on properties that are sold or transferred for more…


The City That Knows How… to Tax, and Tax, and Tax

Commentary “The city that knows how” was a great moniker that was attached to San Francisco at the end of World War I. Until the last three decades, it really was the city that knew how to get things done. Several weeks ago, I attended a seminar on quality-of-life issues in San Francisco. One of…