In our previous blog last week, California Proposition 19 Pass Now What?, we shared how Proposition 19, operates. In this blog, we follow up with some helpful examples and illustrations so you can better understand its application and impact. As a reminder, Proposition 19 is a California ballot measure that modifies Proposition 13 (which limits […]
California Proposition 13
California Proposition 19 Passes, Now What?
On November 3, 2020, California voters narrowly approved Proposition 19 (“Prop. 13”). The bad news for those that own real estate in California is that it came with significant property tax changes that go into effect on February 16, 2021. The good news is that you are reading this before that date and you still […]
The 2020 Ballot Impact on California Property Taxes
This year, the 2020 election holds many important decisions for voters, especially for California residents. On November 3rd, California residents will do more than elect new government leaders. They will also vote on two separate amendments to the California constitution seeking to change its long-standing real estate tax law – known as Proposition 13. The […]