![]() |
Foreclosure Forum |
|
Re: New CA Bill AB 1338In Reply to: New CA Bill AB 1338 posted by jom-CA on May 19, 2003 at 8:14 PM : Hi Ward : I was wondering if you heard about the new bill in the CA legislature requireing WITHOLDING for the sale of a personal residence? This is similar to the one enacted on 1/1/2003 except it requires witholding if you sell your own property. Here is a link: : http://www.leginfo.ca.gov/pub/bill/asm/ab_1301-1350/ab_1338_bill_20030501_amended_asm.html : I did not have a chance to read thru all this mucky muck but someone knowledgable at our investors meeting gave a quick update to us awhile back. I was just wondering if you had heard anything about this. : Thanks : John M.
I am curious if the investors club you speak of was the OCRE club in Irvine CA? I regularly attend that club, and have found a more usefull link with a summary of the proposed bill. see below http://www.ftb.ca.gov/other/legis/03_04absb/AB1338_042203.pdf Travis Follow Ups:
Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.
Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455