Valued at more than $130 million, the tech-savvy mansion — dubbed Xanadu 2.0 — spans 66,000 square feet and racks up a yearly property tax bill of more than $1 million.
The tax bill alone dwarfs Southern California’s median home price of $630,000 in March.
📸: NearMap
Depending on how the divorce proceedings play out, the futuristic smart house — which boasts a 60-foot swimming pool, library with secret doors and trampoline room — could potentially surface for sale. latimes.com/business/story…
According to divorce documents, the couple asked the court to divide their assets based on a separation contract.
The document was filed in King County, Wash. — a key detail because Washington is one of nine community property states. latimes.com/business/story…
In community property states, divorcing couples are required to equally split all assets acquired during their marriage, said Colleen Sparks, a family law attorney. latimes.com/business/story…
If Bill and Melinda can’t reach a compromise to buy the other out of the Medina mansion, Sparks said, a court could force a sale of the home, bringing to market one of the most notable estates in the country. latimes.com/business/story….
Because their houses were purchased after their marriage, it should be a 50/50 split, said Ellen Griffith, a real estate agent who deals with divorcing clients.
But it comes to down who has the best lawyers. “They can both afford the best of the best." latimes.com/business/story…
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When mother and son were separated, Chavez went to an immigration facility. His mother, Sandra Ortiz, who didn’t pass an initial asylum screening, was deported to Mexico.
They were among the earliest family separations during the Trump administration
The family’s ordeal began in October 2017, when they sought refuge at the San Ysidro port after fleeing cartels in Mexico, who killed Ortiz’s husband and tried to recruit Chavez, according to interviews with family and lawyers representing them.
A video was recently posted of the singer dancing.
“So many documentaries about me this year with other people’s takes on my life ... what can I say … I’m deeply flattered !!!!” read the caption latimes.com/entertainment-…
“These documentaries are so hypocritical … they criticize the media and then do the same thing,” it read.
A 57-year-old man has been charged with arson in a fire that tore through the historic San Gabriel Mission last summer.
The fire was reported before dawn on July 11 and eventually become a four-alarm event that involved 80 firefighters from seven cities. latimes.com/california/sto…
John David Corey faces two felony counts of arson on an inhabited structure and one count each of arson during a state of emergency, first-degree residential burglary and possession of flammable material, L.A. County Dist. Atty. George Gascón announced. latimes.com/california/sto…
While the altar, bell tower and several religious artifacts were spared, the roof was destroyed, as were many of the 107-year-old pews that had just been refurbished.
Used car prices are soaring to historic levels in the Los Angeles area and nationally.
“If you have an extra car to sell it’s a great time — there may never be another time greater than this,” Eric Ibara of Kelley Blue Book told @DanielNMiller. latimes.com/business/autos…
The near total shutdown of the rental car business is one key factor.
When the rental car business dried up last year, many operators stopped buying new cars while also quickly unloading huge portions of their existing fleets. latimes.com/business/autos…