Heather Moore+FollowLA’s mansion tax hits more than just the richFreddie Freeman just lost $2 million selling his LA home—thanks to a tax that’s hitting way more than just luxury mansions. Measure ULA, passed in 2022, slaps a 4% fee on any property sale over $5.3 million, even if you sell at a loss. It’s not just baseball stars or mega-mansions: apartment buildings, commercial spaces, and even damaged homes are getting caught up in this. Locals say it’s freezing the real estate market and stalling new housing projects. What do you think—does this tax help the city, or is it making things worse for everyone? #RealEstate #LosAngeles #MansionTax00Share
Aaron Ballard+FollowWould You Pay a Mansion Tax?Heard the latest property buzz? The UK’s eyeing a new 'mansion tax' on homes worth over £2 million. If you’re living large, you could be looking at an extra £4,500 bill—though you can defer it until you move or pass on. The goal? Plugging budget gaps, but it might cool off the luxury home market. For most of us, it’s just another reason to keep an eye on where the taxman’s headed next! #RealEstate #MansionTax #UKBudget00Share
Samantha Welch+FollowWould You Pay a 'Mansion Tax' on Your Home?Imagine fixing up your dream countryside home, only to find out it’s now worth enough to get hit with a new 'mansion tax.' That’s what’s worrying some homeowners in the UK, who could soon pay extra if their place is valued over £2 million. The twist? It’s not just mega-mansions—regular families with big mortgages might get caught up too. If you’re house-hunting or planning to retire, keep an eye on this Budget update! #RealEstate #MansionTax #Homeowners01Share
Joseph Livingston+FollowWould You Pay £10k a Year to Keep Your Mansion?So, the UK government is eyeing a new 'mansion tax'—think of it as a yearly bill for folks with homes worth over £2 million. If your house is in that league, you could be looking at an extra £10,000 a year just to keep your keys. The twist? You can defer the payment until you sell or pass away, so you won’t have to move out just yet. For everyone else, it’s a reminder that property taxes might get a shake-up soon! #Business #MakeMoney #MansionTax00Share
