Tag: Tax Basis

Proposition 19: A Win for Retirees in California

Without getting into the weeds of Prop 19, here are 3 main takeaways: 1. The biggest winners are California homeowners aged 55 and older. Qualified homeowners may now move anywhere in California and transfer their current tax basis (taxable value of their primary residence) regardless of the value of the new primary residence—even if the […]