The average property tax rate in LA County is .82%, so property taxes on the new crib are $400K a year, more or less. I agree with the other commenters on these real estate purchases: A fool and his money are soon parted
https://smartasset.com/taxes/california-property-tax-calculator#LD6x4lid4a
“ The average property tax rate in LA County is .82%, so property taxes on the new crib are $400K a year”
He got 900 million lump sum — I don’t know it it’s pre-tax or not.
Cheaper than Nashville where my last home there was 5800 a year on 529,000 home in green hills
My effective tax rate in my little horse place near Franklin tn was 4800 or .43%
Just sold it for twice that so it’ll go up
Kali money ironically