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Changes to Proposition 13 Could Cause Commercial Property Owner Taxes to Increase by $12 Billion
Changes to Proposition 13 Could Cause Commercial Property Owner Taxes to Increase by $12 Billion

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Changes to Proposition 13 Could Cause Commercial Property Owner Taxes to Increase by $12 Billion

California’s landmark property tax law may be facing a change. An effort to repeal protections of the property tax-cutting measure known as Proposition 13 for commercial real estate has qualified for the state’s 2020 ballot. [1] The measure qualified for the ballot in October after proponents collected more than the 644,000 signatures required by [...]

By CP Realty Advisors|2020-05-21T22:57:19+00:00March 14th, 2019|.|Comments Off

NEW TAX RULES | FEDERAL INTEREST RATES | SALE-LEASEBACKS
NEW TAX RULES | FEDERAL INTEREST RATES | SALE-LEASEBACKS

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NEW TAX RULES | FEDERAL INTEREST RATES | SALE-LEASEBACKS

New Tax Rules New provisions restrict the deductibility of business interest for companies with gross receipts in excess of $25 million. Now interest totaling just 30 percent of earnings before taxes, depreciation and amortization can be deducted on taxes. [2] Federal Interest Rates The Fed’s next policy meeting is scheduled for June 12-13 and [...]

By CP Realty Advisors|2020-05-21T22:57:37+00:00June 14th, 2018|.|Comments Off

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