Prop 19: What it means for your home

Prop 19: What it means for your home

3 years ago
Anonymous $RGO3jP_V_c

https://www.siliconvalley.com/2020/11/18/what-prop-19-means-for-your-home/

Californians narrowly passed Proposition 19 this month, a measure expected to significantly change property tax rules for older homeowners selling their houses and family members inheriting homes and rental properties.

The complex measure has tax winners (long-time homeowners looking to move within California), losers (some families inheriting properties) and still many unknowns. Voters backed the measure by a 2 percent margin.