Proposition 19 will mean tax increases for owners of inherited property
Proposition 19 will mean tax increases for owners of inherited …
Feb 12, 2021
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Proposition 19 has reshaped property tax rules for California homeowners. It expands property tax portability, allowing homeowners to transfer their existing tax base anywhere in the state. It also tightens rules for inherited properties, requiring heirs to use them as primary residences. #Proposition19 #PropertyTax #CaliforniaRealEstate #Homeowners #Inheritance #Prop13 | MaYa Team Inc. | Facebook
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Susan Shelley traces how recent tax changes are altering California’s housing story. ​ Prop 13 once kept ownership steady across generations. ​ Now, rising tax bills on inherited homes are forcing many long-term owners to decide whether they can stay or must sell. #California #CaliforniaRealEstateMarket | California Insider Show
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