Proposition 19 Set to End Major Property Tax Exemption

Written by Rachel Ronca Proposition 19 will essentially end your ability to transfer real estate to your children free of property tax reassessment.[1]  If you have a legacy property that you intend to pass to the next generation (regardless of whether it is your home, or it is a rental, commercial or industrial property), you must act quickly. Generally, when real estate changes ownership, the property … Continue reading Proposition 19 Set to End Major Property Tax Exemption