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Los Angeles Mansion Tax: How the ULA Transfer Tax Is Reshaping Real Estate

Los Angeles Mansion Tax: How the ULA Transfer Tax Is Reshaping Real Estate

by Schorr Law | Sep 4, 2026 | Other, Ownership, Property Tax

The “Mansion Tax” Lock-In: How LA’s ULA Transfer Tax Is Reshaping the Real Estate Market Los Angeles has long been a city defined by its real estate. From beachfront estates in Malibu to commercial towers Downtown, property has always been the lingua...
Step-Up in Basis: How Heirs Reduce Capital Gains on Inherited Property?

Step-Up in Basis: How Heirs Reduce Capital Gains on Inherited Property?

by Schorr Law | Dec 22, 2025 | Property Tax

What is Step Up Tax Basis and Why It Matters for Heirs? If you have inherited real estate or are planning your estate with future generations in mind, there is one tax concept that can significantly affect how much wealth is ultimately transferred: step-up taxation....
What Happens with Delinquent Property Taxes in California?

What Happens with Delinquent Property Taxes in California?

by Schorr Law | Oct 28, 2025 | Property Tax

Owning a home in California means managing several responsibilities, including paying your property taxes when they become due.  These taxes are crucial for funding local services like Los Angeles County schools and public safety departments, but missing payments can...

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    • Can You Pave a Gravel Road Easement in California?
    • What Montecito Country Club v. Root Means for California Property Owners
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    • California Partition of Real Property Act: What Litigants Need to Know
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