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.
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If Proposition 19 passes, it would give continued property tax breaks to Californians age 55 and older who want to move. Learn more about the 12 propositions on the ballot in California this November: https://www.latimes.com/california/2020-california-ballot-propositions | Los Angeles Times
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