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Exterior view of multifamily residential building

What Owners of Multifamily Residential Buildings Need to Know About COPA

On September 3, the Community Opportunity to Purchase Act — or COPA — became effective in San Francisco. This new law provides qualifying San Francisco nonprofits with the right of first offer and the right of first refusal when apartment buildings of three or more rental units are put on the market. The law also applies to […]

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Cannabis Sweeps Shut Down Unlicensed Marijuana Businesses

With the passage of the Compassionate Use Act of 1996, California became the first state in the country to legalize the use of medical marijuana. Twenty years later, in 2016, the Adult Use of Marijuana Act legalized the recreational use of cannabis. There Are 182 Licensed Cannabis Businesses in Los Angeles By 2018, there were […]

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What is Measure EE and How Will it Affect Me?

According to the Los Angeles Times, in 2016, Los Angeles schools spent $13,230 per pupil. That’s considerably less than the $22,000 that Boston schools spent or the $24,000 that New York City schools spent per pupil. However, the Los Angeles Unified School District — the second largest school district in the country — faces a […]

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Take advantage of opportunity zone

Depending on their tax bracket, investors in California are required to pay anything between one and 13.3 percent in state taxes, as well as 0, 15 or 20 percent in federal taxes on investments that are held longer than a year. And all of that adds up. But here’s the good news: There’s now a […]

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