California Proposition 19 FAQ
Californians voted in November 2020 to make some significant changes to Proposition 13, which was passed in 1978 to greatly limit the amount of property…
Tag: taxes
Avoiding Capital Gains Tax upon Sale of your Home
A month or so ago I attended the monthly Silicon Valley broker's meeting of my company. They always have a speaker every month, and last…
[M07/S09] Real Estate Tax Information for Home Sellers
Before we talk about taxes, we need to issue a disclaimer: we are not tax professionals, and before you make any decisions about buying or…
Trump’s Tax Plan Hits California Home Owners
Trump Tax Plan Hits California Home OwnersLast week, the White House released the outlines of the long-awaited Trump Tax Plan. The proposal has been characterized…
[M07/S10] 1031 Tax-Deferred Exchange
While we are on the subject of taxes, I’m going to briefly mention 1031 tax deferred exchanges. The usual disclaimer applies – I am not…
Property Tax Rates for Santa Cruz Real Estate
So, for example, if you purchase a $500,000 property, the assessed value will be $500,000 and the property tax will be 1% of that, or…