Tag Archives: Mayor Brandon Johnson

Mr. Beef is a mansion? Under Chicago’s proposed tax, yes

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Since its appraised value is over $1 million, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson’s proposed “mansion tax” passes next year. Continue reading →

‘Fight it tooth and nail,’ LA agents warn as Chicago mulls mansion tax

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As Chicago Mayor Brandon Johnson narrows in on a 2.65 percent tax on purchases of properties over $1 million, luxury agents in Los Angeles offered their advice to concerned Windy City agents. Continue reading →