Long Beach Real Estate-Long Beach Condos

Long Beach Home and Income Property Tax Pending

Just in from the Pacific West Board of Realtors:

The Long Beach City Council will consider placing a Parcel Tax on the November 2008 ballot this Tuesday, July 22nd at 5:00 p.m. at City Hall.

Guide to Long Beach City Government

The proposed Parcel Tax is $120 annually per residential parcel and $120 annually per unit for apartment buildings.

We encourage you to attend this council meeting if possible.

City of Long Beach
333 W. Ocean Blvd
Long Beach, CA 90802
Tel: (562) 570-6555

Why is this important to you?

If you are the owner of a single family home this will cost you an extra $120 per year. Not a lot by anybodys standards and won't exactly break the bank.

If you are the owner of apartment buildings this parcel tax will be per unit. Own a lot of units? OUCH! This breaks down to about $10 per month per apartment.

If you are a renter, plan on having that included in your next rent increase!