Proposition 19
Many California buyers and sellers are about to save money on California property taxes! Proposition 19, the “Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act,” passed in November 2020 and eligible California sellers are able to transfer the property tax basis for primary residence, which could mean big savings on California property taxes!
If you have questions about Prop 19 or you’re ready to take advantage of the valuable California property tax exemption for seniors, the severely disabled and victims of wildfire and natural disasters, we are here to help!