Updated video on Prop 19! California sellers and California buyers are about to save big money on California property taxes with the California property tax exemption for seniors! Proposition 19, aka the California property tax transfer initiative 2020, is in effect on April 1st, 2021 for buying and selling California real estate and includes a California property tax exemption for age 55 plus!

We have answers to come big questions on Proposition 19:

✔ Proposition 19 explained❗
✔ Do I have to wait until April 1st to buy and sell for Prop 19❓
✔ How are Proposition 19 and Prop 13 related❓
✔ Who is eligible to use Prop 19❓
✔ Buy or sell first for Prop 19?❓
✔ What if I transferred tax basis once already under Prop 60/90❓
✔ How much can the replacement property be for Proposition 19❓
✔ How many times can you transfer your property tax basis with Prop 19❓
✔ Is there a limit to the price of the new property under Proposition 19❓
✔ Which properties qualify for Prop 19❓

Stick around to the end where we discuss a hot strategy for the California property tax exemption for seniors in today’s crazy market!

If you have questions about Prop 19 or you’re ready to take advantage of the valuable California property tax exemption for seniors we are here to help! https://www.wireassociates.com/prop19/

Don’t forget to subscribe to the WIRE Associates weekly newsletter to get the latest housing market data, foreclosure data, info for buyers and sellers & tenants and landlords and much, much more https://www.wireassociates.com/newsle...

Prop 19 questions? Board of Equalization answers FAQ https://www.boe.ca.gov/prop19/#FAQs

Sections
00:00 WIRE Associates intro from Christian Walsh
02:35 Proposition 19 and Prop 13
05:05 Buy or sell first for Prop 19?
05:51 Buy and sell after April 1st for Prop 19?
06:47 What if I transferred tax basis once already under Prop 60/90?
07:10 Who can use Prop 19?
07:26 Which properties qualify for Prop 19?
07:55 Prop 19 new property limit?

#Prop19 #HousingMarket2021 #Proposition19

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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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*This description may contain affiliate links. When you click them, I may receive a small commission at no extra cost to you. As an Amazon Associate I earn from qualifying purchases. I only recommend products and services that I've used or have experience with. All opinions are my own.