Nili Hudson

For many California homeowners 55+, moving doesn’t have to mean giving up the property tax benefits they’ve built over decades.

Prop 19 can make it possible to transfer your existing property tax base to a replacement home anywhere in California, up to three times. And importantly, you’re not limited to downsizing. You may still receive a tax benefit when purchasing a more expensive home, although the calculation works differently.

For homeowners who have stayed put because of their low tax base, this can completely change the conversation around what comes next.

Your home should fit the life you’re living now. If you’re considering a move and want to understand how Prop 19 could factor into it, reach out.

Living well is everything 🌸

#prop19 #californiarealestate #propertytaxes #losangelesrealestate #downsizing @compass @compasscalifornia @compassplusdivision @compassluxurydivision