Prop 19 passed! If you are over 55, have been in your home a long time, and have watched its value rise astronomically this is a fantastic incentive to sell and purchase a new home in California. You now can take the low taxable value of your primary residence with you no matter how much your new property costs or where you are moving in California. There are other details but that is the the general concept. Find more specifics below. Call me if you want to discuss how this might help you as you consider selling.
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