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RIVERSIDE COUNTYMARKET ACTIVITY & TRENDS AUGUST 2024AUGUST 2024 SFR & CONDO SALES LAST 12 MONTHSMONTH OVER MONTH TRENDS SFR % Change Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 202415.32%1.03%20.00%10.75%7.24%15.11%Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 202414.47%6.53%1.72%11.23%8.40%3.79%Condo % Change Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 202416.08%9.04%46.12%4.63%24.97%15.60%Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 202430
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LT Los Angeles refers to the Los Angeles Local Tax, which is a tax that businesses operating within the city are required to pay.
Any business operating within the Los Angeles city limits that has gross receipts above the threshold is required to file LT Los Angeles.
Businesses need to complete the LT Los Angeles form, providing their gross receipts information, accounting for any deductions, and submitting it to the city along with necessary supporting documentation.
The purpose of LT Los Angeles is to collect local taxes that fund city services and infrastructure, contributing to the overall economy and community services of Los Angeles.
Businesses must report their total gross receipts, any allowable deductions, and calculate the applicable tax owed based on the city's tax rates on the LT Los Angeles form.
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