Tag Archives: transfer property tax base

Take Advantage of Property Tax Base Transfer in These CA Counties

If you’re a California homeowner age 55 or older who’s thinking about moving, you may have the opportunity to take your property tax base with you. That’s a huge benefit, as property tax bases are a large homeownership expense.

Propositions 60 and 90 are constitutional amendments passed by California voters that allow homeowners ages 55 and over to transfer their property tax base when purchasing a new principal residence. Your replacement home must be of equal or lesser current market value than the original property. And you can only do this once. Prop 60 allows transfers of base year values within the same county, and Prop 90 allows transfers from one county to another. Continue Reading

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

Back to Top

Back to Top

Show All
Marina
Mission

There is no custom code to display.