Prop 19, Zillow Estimates, LLC I think overall Zillow estimates are fairly accurate. Zillow isn't going to know if the property has a million dollar view or the condition of the home. Estimates are just estimates anyways and can vary based on who is doing the onsite assessments.
If a property hasn't sold in a long time, the estimates tend to be lower than actual. If ...
Prop 19 With Prop 19, you seem to have two choices:
1. Do nothing. Pay significantly higher property taxes on any inherited property, but get the step up in cost basis for properties.
2. Transfer property before Feb. 12 to keep property taxes but if you sell, pay step up in cost basis taxes of 30% (20% Federal, 9.3% ...
Proposition 19 REAL DEADLINE is February 12, 2021. The Proposition 19 deadline says it starts on February 16, 2021, but the REAL DEADLINE is February 12, 2021. Feb. 13 and 14 are Saturday and Sunday, and Monday is Feb 15th President's Day and the BoE is off. Tuesday Prop 19 goes into effect. So if you are attempting to do any transfers before the deadline, your schedule just lost 3 days!
California Proposition 19 Deadlines: 12/31/2020 and 2/16/2021 Prop 15 got all the attention in California, but Prop 19 will have a major impact.
The California Realtors Association spent $35M and others added $15M to get this proposition passed while the opposition spent only $45K. For Realtors, it means more business, more sales, more commissions because even if a child wants to move back into ...
New Development in Camarillo
Homebuyers can take steps to entice sellers Both sides can take advantage of hot market.
Follow the URL below to read this article by Jessica Menton and Charisse Jones from USA Today. I found it beneficial.
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Proposition 15 I am in favor of Prop. 15
California Proposition 15 Proposition 15 would allow appraisers to assess property taxes based on market rate values for commercial and industrial properties. For commercial landlords, reassessment only occurs if landlord owns $3 Million or more of properties.
If passed, $12.5 Billion dollars would be raised for 60% for cities/local governments and 40% K-12 ...
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