Comment on Who Owns Los Angeles?parentComments−lurcio11yRetain ownership in a trust or more perpetual vehicle−maxerickson11yIf the originator of the trust maintains a controlling ownership in the trust, no sale has taken place. If they transfer control of the trust, the page I linked says that triggers a reassessment.
Comments
Retain ownership in a trust or more perpetual vehicle
If the originator of the trust maintains a controlling ownership in the trust, no sale has taken place. If they transfer control of the trust, the page I linked says that triggers a reassessment.