News

Rural Banker Caught in Massive real Estate Fraud in China

A rural bank official, Gong Ai'ai was nabbed by the police of Central County of Shenmu, Beijing for real estate fraud. She is accused of forging fake identities and acquiring 45 illegal properties across the country.

Jason Bateman Buys $3 Million Former Home of Ernest Borgnine

Jason Bateman, the "Horrible Bosses actor, bought a $3 million home of the celebrated Ernest Borgnine, who died in 2012. The Country English compound hasn't been available for almost 60 years, reports the LA Times.

Parent to Child Transfers of California Real Property Tax Tip Sheet

Change in California real estate ownership may incur documentary transfer tax and capital gains tax. Ownership changes may increase future property taxes. For simplicity, in this tip sheet the term "parent-child exclusion" refers to both the parent-child exclusion and the grandparent-grandchild exclusion.