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.

The following counties in California have an ordinance enabling the intercounty base year value transfer, as of November 7, 2018:


Alameda
Riverside
San Mateo
Ventura
Los Angeles
San Bernardino
Santa Clara
Orange
Tuolumne

Consult your trusted CPA before you make any moves!

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Eileen Bermingham

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415.823.4656

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