News

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.

Monopoly Replaces Iron with Cat Token Following Fan Votes

The popular real-estate trading game, Monopoly, announced Wednesday that following fans votes on Facebook, the iron token will be replaced by a cat.

Brookfield Asset Management Subsidiary in Brazil Sued For Bribery

A subsidiary of Brookfield Asset Management, a global real estate investing firm in Brazil has been sued by a state prosecutor for bribing government officials in order to obtain construction permits for the Shopping Patio Paulista Mall.