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brina4
Level 1

CA Proposition 19 allows me to transfer my current tax basis to my new house, but only a few times in my life. How can I determine if this is a good time to do it?

 
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NCperson
Level 15

CA Proposition 19 allows me to transfer my current tax basis to my new house, but only a few times in my life. How can I determine if this is a good time to do it?

@brina4 best to engage a professional in CA.  you are asking a question about property taxes and not income taxes. 

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2 Replies
VolvoGirl
Level 15

CA Proposition 19 allows me to transfer my current tax basis to my new house, but only a few times in my life. How can I determine if this is a good time to do it?

I'm not sure but that might only be to pay property taxes?  

NCperson
Level 15

CA Proposition 19 allows me to transfer my current tax basis to my new house, but only a few times in my life. How can I determine if this is a good time to do it?

@brina4 best to engage a professional in CA.  you are asking a question about property taxes and not income taxes. 

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