Why your parents’ Prop 13 benefits used to transfer to you. For decades in California, families could pass a home to their children without a property tax shock. Same tax basis. Same Prop 13 number. No matter the home value. That was the old rule. And it’s exactly what changed. Do you know what happens now when a house is transferred to the next generation? #Prop19 #CaliforniaRealEstate #EstatePlanning #PropertyTaxes #InheritancePlanning CAHomeowners | Preston Estate Planning, APLC
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California’s white households get bigger property tax breaks than Black, Latino homeowners under Prop 13, study says
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Prop 13 has been California’s tax protection for over 40 years. But recent court rulings and ballot measures are changing how it works. Susan Shelley, columnist and editorial board member of the Southern California News Group, joins us to explain what this means for families, property owners, and communities across the state. | California Insider News
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Prop 13 has been California’s tax protection for over 40 years. But r…
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PROP 13: THE TAX RULE KEEPING CALIFORNIA HOMEOWNERS ALIVE 😂💸” If you’ve ever wondered why your sweet neighbor’s property taxes are $200 a year and yours look like a car payment… say hello to Prop 13. It basically freezes your tax base so you’re not crying every time property values skyrocket 😅 Thinking about selling, transferring, or just want to know how YOUR property taxes work? I break this stuff down simple — no headaches, no math degree required. 📲 Call/Text: 562-857-4686 📧 sarahmiller
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California tax group pushes initiative to 'Save Prop 13' by tightening rules
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