A better way to explain the tax is that when you sell your home in California, if you do not buy another home in California (in so many months) then you are charged a 3% tax.
A better way to explain the tax is that when you sell your home in California, if you do not buy another home in California (in so many months) then you are charged a 3% tax.
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Even this idea is still stealing your money to PENALIZE YOU for not staying in Taxifornia to keep feeding the state money. IMHO, it is criminal and would be slapped down by the SCOTUS.