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To: coalminersson

Prop 13? As you all get older and die, eventually everyone in CA will be getting the property tax shaft. It’s happening every time some homeowner dies...


74 posted on 05/10/2024 11:19:09 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

you don’t get the shaft if you remain in the same house That was the intent In the 70s elderly were being foreclosed on and their furniture and them moved out on the street.

Also seniors can transfer their old tax within the same county or 7 other counties if they buy the same value or less. see prop 60 or 90. So buy at 200,000 in 1980, sell for 1 million now, buy for 1 million or less (downsize) and pay the same property tax based on the old house.


77 posted on 05/10/2024 12:15:32 PM PDT by coalminersson
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