The California Proposition 19 Newspaper Debate

The official California  “Voter Guide” (Official Voter Information Guide) tells us CA Proposition 19 actually protects Proposition 13 property tax savings; and “closes unfair tax loopholes used by wealthy out-of-state investors” — a subtle reference to East Coast investors, of … Continue reading

California Proposition 58 & Proposition 19 Lenders

We all know it’s a period of time right now in America of great uncertainty, insecurity and stress… affecting many families, creating enormous tensions, frequently financial…  Even affecting family estates, when a parent passes away; and where ‘will contests’ can … Continue reading

Proposition 19 Tax Hike Versus Proposition 58 Property Tax Breaks

The slim-margin success of California property tax hike Proposition 19 has been due to an odd combination of elements. Not held up by a great deal of media support – yet enjoying all the benefits of a massive promotional budget, … Continue reading

California Proposition 19 Lenders and Irrevocable Trusts

Post Proposition 19 Californians must face certain  changes to the Proposition 58 “Parent to Child Transfer” tax break, the “Parent to Child Exclusion”.  Property owning Californians now have to grapple with specific challenges, where property tax relief is concerned. It … Continue reading

PART ONE: Surviving CA Proposition 19

Californians are anxiously waiting to see if voters pass or sink CA Proposition 15, affecting business and commercial property owners by specifically removing their ability to legally avoid property tax reassessment; as well as  Proposition 19, which is designed to … Continue reading

Part One: Proposition 19 Forces Changes to Prop 58 While Proposition 13 Remains Intact

What does the passage of Proposition 19 mean for the general housing market in California, one of the nation’s most expensive states to live in?  Although the state will run into an increase in revenue due to a property tax … Continue reading

Proposition 19 and the Impact on Prop 58 & Property Taxes in California

On Election Day in November of 2020, a tiny margin of votes in California swayed the outcome to pass the California Association of Realtors’ effort to convince California voters that Proposition 19 was a marvelous new property tax break to … Continue reading

PART TWO: Surviving CA Proposition 19 – Losing The Parent to Child Exemption

Let’s be clear.  Critics of property tax relief in California are typically well educated, bright, and articulate… and write awfully convincing Op-Ed’s in the San Francisco Chronicle and the Los Angeles Times.  Yet, for whatever reason, these critics of property … Continue reading

Will California Prop 58 Tax Breaks Survive Proposition 19?

California can thank her lucky stars that Proposition 15 was defeated by a thin margin of “No!” votes… But these motivated opponents of property tax relief in California managed to raise  and spend, thanks to the CA Realtor’s Association and … Continue reading

PART THREE: Surviving CA Proposition 19 & Proposition 15 ~ Intended and Unintended Consequences, Losing Parent to Child Exemption

Well respected newspapers and noted organizations have weighed in on this issue, such as the California Assessors Association: Representing the state’s 58 county assessors, they are urging a “NO” vote on Proposition 15. The CAA insists it does not believe … Continue reading