John Hartog

November 30, 2020 | The Recorder

Proposition 19 eliminates what has been dubbed the "Lebowski Loophole." In an investigative story gone viral, the Los Angeles Times reported in 2018 that Jeff Bridges and his sister had inherited a luxurious home on the Malibu coast, retained their mother's taxable value from the 1970s and were renting the property out for upwards of $16,000 per week.

By John Hartog

6 minute read