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Looming Mansion Tax in LA Has Agents Advising Clients to Sell Luxury Homes | TRD News

1/30/2023, 9:14:43 PM
Selling real estate in Los Angeles is about to get much pricier, with the implementation of LA’s new mansion tax. Set to take effect this spring, the new tax will mandate all residential or commercial sales of more than $10 million pay an additional 5.5% tax to the city.
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