‘We’re Scrambling.’ L.A.’s New Mansion Tax Put Sellers on a Deal-Making Deadline

‘We’re Scrambling.’ L.A.’s New Mansion Tax Put Sellers on a Deal-Making Deadline

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When Sharon Weil decided in January to sell the Los Angeles home she inherited from her parents, she knew she’d be racing against the clock to get the deal done. A new Los Angeles mansion tax, to be enacted April 1, will require sellers to pay 4% on sales of homes priced between $5 million and $10…

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