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.
Category: real estate transfer tax
Chicago landlord, business groups sue to block transfer tax hike
Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution.
Real estate transfer tax hikes create headaches for mortgage lenders
Federal regulations provide “zero tolerance” for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns.