Amendment 9: An Attempt to Reinstate the Tax Protections for Inherited Property By: D. Keith Dunnagan, Esq. and Allison Blake, 2L June 8, 2021 Many people who inherit their family homes, businesses, and investment properties will no longer be able to afford the property taxes. Proposition 19, passed in November 2020, limits the protections provided […]
What Does the Potential Passage of Prop 19 Mean? By: D. Keith Dunnagan, Esq. November 10, 2020 Property tax portability (Statewide Proposition 19) was on the ballot this year. As of today, the measure appears likely to pass with approximately 51.1% of the current vote tally. Proposition 13 (1978) has shaped the way property taxes […]
Prop 15 Seeks to Increase Property Taxes on Commercial Properties By: Tony Mekari, 2L October 13, 2020 One of many propositions offered for voters to consider this election cycle, Proposition 15, also known as California Initiative Number 19-0008, will be on the California Ballot this November as an effort to generate revenue and reverse part […]
Much of the tax landscape changed with the Tax Cuts and Jobs Act of 2017. Some of these changes were beneficial and others — the impacts remain to be seen. Today we examine some of the things real estate agents should be considering when preparing to file taxes. As always, if you have any questions […]
Today, we pause for midterm election day. In California there are a number of ballot measures and all of the statewide executive positions are up for election. We encourage you to participate in the democratic process and let your voice be heard through the vote. As always, if you have any questions about your real […]
Today, we take a look at California’s property tax postponement program. This program is designed to assist seniors with certain limited financial capacity keep their property taxes current. It is an important program to understand and may provide critical relief to struggling seniors. As always, if you have any questions about your real estate, business, […]
Many of our clients have asked us about what happens to their Property Tax when they move. This Article should help clarify the current status and pending legislation to expand it. As always, if you have any questions about your real estate, business, estate planning, or any other legal issue, please let us know by […]
