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Allen Nobel

Allen Nobel has 1 articles published.

Assessing Los Angeles’ Measure ULA: Objectives, Efficacy, Impact, and Legal Compliance

in Real Estate/Tax/Volume VI

By Allen Nobel Introduction Measure ULA, the “Mansion Tax” or the “Homelessness and Housing Solutions Tax,” voted on the November 2022 ballot, aimed to raise taxes on property sales exceeding $5 million within the City of Los Angeles. Measure ULA was approved by voters and became a legally binding ordinance on April 1, 2023.[1] Amidst widespread debate,…

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