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Updated over 4 years ago, 08/20/2020

Dennis Cosgrave's profile image
Dennis Cosgrave's profile image
Dennis Cosgrave
  • Rental Property Investor
  • Member since Jul 5, 2019
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304
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Dennis Cosgrave's profile image
Dennis Cosgrave's profile image
Dennis Cosgrave
  • Rental Property Investor
  • Member since Jul 5, 2019
Connect
Dennis Cosgrave
  • Rental Property Investor
461
Votes |
304
Posts
Tax, SDIRAs & Cost Segregation

How Will California's Proposed Wealth Tax Affect You?

Dennis Cosgrave
  • Rental Property Investor
Posted

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will this tax effect you and what, if anything, will you do in response?

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