Prop 19 Explained - California Property Tax Exemption Age 55 - Update
Updated video on Prop 19! California sellers and California buyers are about to save big money on California property taxes with the California property tax exemption for seniors! Proposition 19, aka the California property tax transfer initiative 2020, is in effect on April 1st, 2021 for buying and selling California real estate and includes a California property tax exemption for age 55 plus!
We have answers to come big questions on Proposition 19:
Stick around to the end where we discuss a hot strategy for the California property tax exemption for seniors in today’s crazy market!
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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.
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