california

Beverly Grove, not to be confused with its neighbor, West Hollywood, is a mid-Los Angeles neighborhood that continues to see rapid change and development. What was once a quieter, older neighborhood is now a vibrant community with a growing number of condos, houses, and McMansions. This flourishing neighborhood, aptly named in part for the beautiful orchards that thrived here in the city’s youth, was...

There are two main taxes to consider when discussing real estate in the U.S.: real property tax and capital gains tax. The market value of a property at the time of purchase determines the real property tax, while the capital gains taxes are assessed based on the net profit at the time of the sale. The amount of tax levied on a property is usually determined by the length of time it is held. According to...