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X-WR-CALNAME:The Norris Group - Hard Money California Real Estate Investing
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X-WR-CALDESC:Events for The Norris Group - Hard Money California Real Estate Investing
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DTSTART;TZID=America/Los_Angeles:20220401T080000
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SUMMARY:California AB 1771: Stop The California Flip Tax!
DESCRIPTION:California AB 1771 will charge an additional 25% capital gains tax on almost EVERY RESIDENTIAL PROPERTY sold within 3 years of purchase.\nThe additional tax would decline in annual increments until the property has been owned for more than seven years. \nLegislators proposed AB 1771\, also known as the California Housing Speculation Act\, on the misguided notion that soaring prices of California homes are driven by investor-purchasers of residential properties in California.\nIn this webinar Nema Daghbandan is a Partner with Geraci LLP and Aaron Norris discuss the bill and what it could mean for “Main St” California investors.  It is also a call to action.  Here is what you can do to help: \nCommunicate your opposition to legislators via phone\, letter\, and email. You may download and customize the sample letters below to tell your personal story of how AB 1771 will affect you and your business. \nVISIT: https://aaplonline.com/articles/advocacy/ca-flip-tax/ \nYou can view the transcription and full broadcast here
URL:https://newstaging.thenorrisgroup.com/event/california-ab-1771-stop-the-california-flip-tax/
CATEGORIES:All,Radio,TNG Event
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