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Real Estate News

Source: Los Angeles Times Real Estate News
An NBA superstar was among those making a mark in L.A.’s luxury real estate scene in November. Other highwater deals include the sale of a Bel-Air spec mansion with a Motown connection and an ocean-view house in Pacific Palisades. Here’s a larger look. $24 million — Bel-Air On Bellagio Road, [...]
Sat, Dec 09, 2017 4:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Question: Will the congressional tax bill, either the Senate or House version, be good for San Diego’s economy? Phil Blair, Manpower NO: As a state with very high state income taxes and high real estate costs, resulting in high mortgage interest costs, the lack of deductibility of these costs will... [...]
Fri, Dec 08, 2017 2:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Next year could feature more money for renters but increased difficulty for potential first-time homeowners, said experts at a housing outlook conference at University of San Diego. The shadow of pending legislation in Congress colored much of the discussion Thursday, as did continued concern over... [...]
Fri, Dec 08, 2017 1:00:00 AM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Californians still might retain their ability to deduct state and local taxes from their federal returns under the Republican overhaul — but with a catch. The total annual deduction would be capped at $10,000, which is the same level as a limited deduction for property taxes that both the House... [...]
Fri, Dec 08, 2017 12:15:00 AM, Continue reading at the source