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Adam Deermount Deermount: “I think that we could end up headed for a compromise—the split roll, where residential property retains Prop. 13 protection, but commercial property does not.”

NEWPORT BEACH, CA—Some experts say the plan passed by the House earlier this month was carefully constructed to penalize Americans who live in Democratic-leaning states including California, Landmark Capital Advisors’ managing director Adam Deermount tells GlobeSt.com. We spoke with Deermount about the proposed tax plan, how it would affect homeowners and what would happen to Prop. 13 if the plan passes.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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