📢 Long Beach Home Sellers: New property transfer taxes could cost you thousands! 💸 If you're planning to sell your home, this is for you! 🏠Long Beach officials are proposing new property transfer taxes to address a $45 million deficit. Here are the options:1️⃣ A flat rate of $5.60 per $1,000 in property value, raising about $16 million annually.2️⃣ A two-tiered system: $3.30 per $1,000 for the first $1M and $5.60 per $1,000 above that, raising $12 million annually.