CA 3% Sales Tax on Property Sales?

[Jake Goehring]

I assume this is the right forum for this question.  Perhaps someone can help me better understand.

I think CA passed a 3% sales to the state on the sale of a residential real estate sale.  Is that accurate?

Well, does it apply to wholesaling?  If so, what sales number is the 3% factored from?  Is it 3% of the A-to-B sale?  3% of the B-to-C sale?  BOTH???

I'm about to get into a wholesale deal, but this taxation situation might play a serious role in how it gets done, if at all.

Thanks!!!