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

Why Californians Need Proposition 58 and Enhanced Property Tax Breaks

As we all know, Proposition 58 has been tampered with, in the form of Proposition 19; finally giving the CA Legislature the opportunity they have been waiting for, for decades, to water down property tax relief in California.  However, despite … Continue reading

Keeping Your Parent’s Low Property Tax Base When Inheriting a Home

How to Keep Parents Property Taxes In 2021 What was once the parent-to-child property tax break called CA Proposition 58 has now morphed into a property tax relief measure to help avoid property reassessment, called CA Proposition 19… active as … Continue reading

Proposition 58’s Parent to Child Exclusion in 2021

It is both crucial and about time for homeowners and commercial property owners in California to step back and take little time to read up on property tax breaks available in all 58 counties in the state – to fully … Continue reading

Best CA Lender For A Proposition 58 Loan

When Should a Trust Lender Enter the Picture? There are many ordinary, middle-income families, often referred to as “trust fund heirs” who put their assets into a trust with the help of an experienced trust lender like Commercial Loan Corp. … Continue reading

Understanding New Property Tax Relief Law in California

Using Reassessment to Your Advantage Have you considered that property reassessment can sometimes work in your favor? For example, if property values drop. While we would prefer to see the value of our house increase, at least in a down … Continue reading

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

A certain Proposition 15 was promoted with millions of dollars behind it, yet it didn’t pass. However, the fact that the California Legislature was in favor of it is still troubling to many California homeowners.  Proposition 15 would have removed … Continue reading

Propositions 58 & Proposition 19 Trust Loan

Trust Loans: Keeping a Low Property Tax Base California trust loans are commonly used to establish a low property tax base for beneficiaries inheriting a parent’s home, working in conjunction with California tax break Proposition 58 and California Proposition 19.  … 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

Is There Support in California to Reverse Potential Property Tax Hikes?

California Assembly Constitutional Amendment 9   As most Californians know by now, CA Assemblyman Kevin Kiley introduced property tax measure ACA 9 to try to return long term property tax relief benefits to their original state. Specifically, Assembly Constitutional Amendment 9 … Continue reading