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THE MANSION TAX What is the Mansion Tax? Who pays? In November 2022, Los Angeles voters approved Measure ULA. This will help provide more money to fight homelessness. Where is the money coming from? When you sell your property priced from $5,000,000 to $10,000,000, you will pay an additional 4% property tax. For those properties selling in the $10,000,000 & higher, you will pay an additional 5%! OUCH! This is in addition to the LA City transfer fee of 4.5% plus the LA County transfer fee of 1.1%. So, what do you think will happen??? Home […]
A Beginner’s Guide: What to Expect from the Home Renovations Process Home renovations can boost the value of your home and make it a more comfortable space to enjoy. While there are benefits, renovating a property is a big job that requires time, effort, and money. If you’ve never gone through the process before, it’s helpful to know what to expect. The below guide explains what to anticipate when renovating your home for the first time and provides tips on how to make it go smoothly. Educate yourself about the […]
12 Resources to Settle into a New City with Your Pet You’ve decided to relocate to the Golden State with your pet. First of all — congratulations! You’re about to experience life in a perfect climate where plenty of activities and opportunities abound. Now, it’s time to get your pet (and yourself) ready for the move. Realtor Carol Gilles has listed 12 tips and resources to help you settle in. Work With Professionals Finding professional services in your new area is an excellent place to start. Research various […]
Upgrade or Move? How to Make Senior-Friendly Housing Decisions As you age, your physical abilities can change, and you may need to reevaluate your living accommodations and potentially look for a home that’s more manageable and easier to navigate. You may choose between finding something that’s more appropriate for your current needs, retrofitting your current home, or even looking at long-term care options. Realtor Carol Gilles can help you find the right property for your unique circumstances. Your Physical Abilities […]
Finding a Larger Home for Your Home Business Though it’s ultimately a positive thing, unexpected business growth can be a confusing and overwhelming development. When looking for a larger house to support your home business expansion, doing so in an organized manner will help you keep your company operational during the transition. Assessing Your Business’s Needs The first step in this process is determining what aspects of your business are growing, and what needs your current house is unable to meet. Perhaps you […]
5 Ways House Flipping Can Be Lucrative for Seniors If you’re a senior wanting to expand your business opportunities, consider house flipping. It can be fun and profitable even if you’re not knowledgeable about real estate. Look at five reasons seniors such as actress Diane Keaton love this line of work. Houses in Beach Cities Command Attractive Prices Many beach-adjacent homes sell for a premium. To make money flipping houses, you find low-priced properties that need work, whether it’s a little work or a […]
Based on information from California Regional Multiple Listing Service, Inc. as of January 26, 2023 5:55PM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.