{
  "country": "US",
  "region": "CA",
  "regionName": "California",
  "isScaffold": false,
  "currency": "USD",
  "currencySymbol": "$",
  "locale": "en-US",
  "lengthUnit": "sqft",
  "mortgageCompounding": "monthly",
  "minDownPct": 0.03,
  "defaultAmortYears": 30,
  "mortgageInsuranceName": "PMI",
  "pmiRate": [
    {
      "ltv": 0.97,
      "rate": 0.008
    },
    {
      "ltv": 0.95,
      "rate": 0.007
    },
    {
      "ltv": 0.9,
      "rate": 0.005
    },
    {
      "ltv": 0.85,
      "rate": 0.003
    },
    {
      "ltv": 0.8,
      "rate": 0
    }
  ],
  "transferTaxLayers": [
    {
      "name": "California Documentary Transfer Tax",
      "brackets": [
        {
          "upTo": null,
          "rate": 0.0011
        }
      ],
      "notes": "State rate is $0.55 per $500 = $1.10 per $1,000. Many counties/cities add their own DTT on top.",
      "source": "https://lao.ca.gov/Publications/Report/4741"
    },
    {
      "name": "Los Angeles City Transfer Tax (City of LA only)",
      "brackets": [
        {
          "upTo": 5000000,
          "rate": 0.0045
        },
        {
          "upTo": 10000000,
          "rate": 0.055
        },
        {
          "upTo": null,
          "rate": 0.055
        }
      ],
      "notes": "Measure ULA (Homelessness and Housing Solutions Tax) applies in City of LA. Verify applicability.",
      "source": "https://housing.lacity.org/measure-ula"
    }
  ],
  "typicalPropertyTaxRate": 0.011,
  "depreciationMethod": "MACRS",
  "depreciationRate": 0.03636,
  "capitalGainsInclusionRate": 0.15,
  "salesTaxOnNewConstruction": 0,
  "deposit": {
    "cap": 2,
    "interestRate": null,
    "holdType": "any",
    "source": "https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV&sectionNum=1950.5"
  },
  "rentIncrease": {
    "guideline": 0.05,
    "noticeDays": 30,
    "belowMarketExempt": true,
    "abi1482Style": true,
    "source": "https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB1482"
  },
  "lateFeeMax": null,
  "lateFeeGraceDays": 3,
  "str": {
    "requiresLicense": true,
    "primaryResidenceOnly": false,
    "source": "https://www.cityoflosangeles.gov/permits/short-term-rental"
  },
  "officialLinks": {
    "tenancyAct": "https://leginfo.legislature.ca.gov/faces/codes_displayexpandedbranch.xhtml?tocCode=CIV&division=3.&title=5.&part=4.&chapter=2.",
    "rentIncreasePage": "https://www.courts.ca.gov/selfhelp-rentalhousing.htm",
    "depositRules": "https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV&sectionNum=1950.5",
    "transferTax": "https://lao.ca.gov/Publications/Report/4741",
    "ltb": "https://www.courts.ca.gov/selfhelp-rentalhousing.htm",
    "revenueDept": "https://www.irs.gov/"
  },
  "lastVerified": "2025-01-15",
  "notes": "AB 1482 (Tenant Protection Act of 2019) has many exemptions including single-family homes, condos, and buildings <15 years old. Local ordinances may be stricter (LA, SF, Oakland, etc.). Measure ULA applies only in City of LA."
}