CA Prop19 keep lower prop tax: Can a person buy a new primary residence first at age 53+ years old and then sell the original primary residence later within 2 yr at 55?
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
CA Prop19 keep lower prop tax: Can a person buy a new primary residence first at age 53+ years old and then sell the original primary residence later within 2 yr at 55?
Would like to keep my property tax lower with more expensive new primary home.
CA Prop19 keep lower prop tax: Can a person buy a new primary residence first at age 53+ years old and then sell the original primary residence later within 2 yr at 55?
If the new home was purchased between one and two years after selling the former home, the new home must be less than 110% of the former home’s sale price.