by Houman David Hemmati MD PhD

An open letter to the Santa Monica City Council explains how sellers can avoid the huge tax increase on property sales.

As I predicted to you earlier, the impact of GS is already being seen. In the last 2 days, we have seen rapid real estate closures of at least three homes in N of Montana valued at $33,941,000, depriving the city of over $1,900,000 in Himmelrich tax for you to squander on consultants and real estate developer friends of yours. 

Read More: https://www.smobserved.com/story/2023/02/27/opinion/santa-monica-city-council-dont-defend-revenue-losing-measure-gs/7467.html