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Prop 19 Examples - Over 55 and Transferring Property Taxes in California

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WIRE Associates - Christian Walsh

Want to see Prop 19 examples and calculations for property taxes for California Prop 19 property tax transfers? We cover the 3 important numbers for those looking to transfer their property tax base in California, plus what is the “base year value” and where can you find this important number? Now that you can transfer your property tax base 3 times with Prop 19, make sure you stick around to the end for the BIGGEST Prop 19 mistake to avoid!

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Sections
00:00 WIRE Associates intro from Christian Walsh
01:26 3 Numbers Needed to Calculate Prop 19
01:53 What is the base year value and how to find the base year value
03:25 Prop 19 Example Buying a More Expensive Property
05:42 Prop 19 Example Buying a Less Expensive Property
06:30 Big Prop 19 Mistake!

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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)

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posted by Lasernadj