Inheriting California Real Estate and Property Taxes ?? California Prop 19
If you’re about to inherit California real estate, you need to know that you might be in for a BIG property tax bill! Prop 19 changed California property taxes after inheritance! Some properties can’t avoid Prop 19, but there’s one that can potentially avoid a big property tax increase and we’ll explain, plus we run through actual calculations for the property taxes after inheritance. We cover this and more:
What happened to California property taxes before Prop 19
What happened to California property taxes after Prop 19
Are there any properties that can avoid a big increase in property taxes
How do I calculate my property taxes for a “family home” and what are the requirements
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Links for more information:
https://www.boe.ca.gov/pdf/
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