On November 3, 2020, California Proposition 19 passed with over 51% of the 15 million votes cast. Taking effect on April 1, 2021, the passage of Proposition 19 ushers in an unprecedented tax benefit for Californians aged 55 years and older. As you may recall from our earlier blog post “California Proposition 19: What You […]
We all know about the upcoming presidential election, but did you know about the slew of propositions on the ballot awaiting voters’ decisions? Proposition 19 is one of major importance to the real estate industry. In discussing Proposition 19, it is crucial to understand that any time real property is transferred from one party to […]
