How California's Prop 19, 60 & 90 Save Homeowners BIG on Property Taxes | Key Tax Tips Explained

Описание: It's Tony again! In today’s video, we’re breaking down California's Proposition 19, Prop 60, and Prop 90, which can save homeowners 55 and older (and others in certain situations) BIG on property taxes!

Here’s what you’ll learn:

Prop 60 (1986) – Transfer your property tax base within the same county.
Prop 90 (1988) – Transfer your tax base to a different county, if that county opts in.
Prop 19 (2021) – The game-changer! Transfer your property tax base anywhere in California, up to three times, with no property value cap!
Plus, it’s available to the disabled and victims of natural disasters.

We’ll dive into how these propositions work, the key differences between them, and how Prop 19 changes the game by allowing transfers statewide. You’ll also learn about potential tax increases if your new home is more expensive and the filing deadline to take advantage of these benefits!

Thinking of making a move? This could mean major tax savings for you! Drop a comment or give me a call to discuss how these rules might benefit your real estate decisions.

Be sure to LIKE, COMMENT, and SUBSCRIBE for more real estate tax tips and updates on California property taxes!

#CaliforniaPropertyTaxes #Prop19 #Prop60 #Prop90 #TaxSavings #RealEstateTips #Homeowners #WalkerTeam #CaliforniaRealEstate