X
08Jul

Will Using an LLC Mess Up a Property Tax Base Transfer Under California Law?

Under California’s Proposition 60, which became enacted in 1986 as Revenue and Taxation Code section 69.5, any “person” over the age of 55 years may transfer the base year value of his or her residential property to any replacement dwelling of equal...
By: Patton Sullivan Brodehl LLP
Source Url: https://www.jdsupra.com/legalnews/will-using-an-llc-mess-up-a-property-42183/

Related

Japan Legal Update Vol. 51 | January–February 2020

Amendment to the Civil Code Will Come Into Effect in April - On April 1, 2020, the Act to Partiall...

Read More >

Take That, Employers! California is Done (for Now) with this Year’s Legislative Thrashing

Here’s a comprehensive list of the new employment-related statutes enacted and signed into law in t...

Read More >

Littler Global Guide - Saudi Arabia - Q3 2019

The amendment, among other things, permits women over the age of 21 to obtain passports and travel a...

Read More >

Delaware Amends Criminal Background Check Requirements for Mortgage Loan Broker and Licensed Lender Licenses

Delaware recently passed a bill, House Bill 199 (HB 199), which, among other things, amends the crim...

Read More >

New Jersey Court Brings ‘Clarity And Uniformity’ To Analysis Of Restrictive Covenants

The New Jersey Appellate Division has clarified the analysis required to determine the effect of res...

Read More >

Pay, Leave, and Scheduling Issues Due to the Coronavirus (COVID-19)

With hourly reports of a possible coronavirus (COVID-19) pandemic in the news, employers are confron...

Read More >