Tag: Prop 13 tax base transfer
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Downsizing in California at 55+? How Prop 19 Lets You Move Without the Tax Hit
Here’s the trap Prop 19 was built to disarm: you’ve owned your California home for decades, your Prop 13 tax bill is a fraction of what a new buyer would pay — and the thought of resetting it has kept you in a house that no longer fits your life. If you’re 55 or older,…