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Level 1
posted Aug 14, 2022 3:56:33 PM

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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1 Best answer
Level 15
Aug 14, 2022 5:49:20 PM

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

2 Replies
Level 15
Aug 14, 2022 4:12:52 PM

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

Level 15
Aug 14, 2022 5:49:20 PM

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