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Transferring Your Property Tax Base

(Prop 60)

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Over the age of 55 and want to save thousands every year on your

property taxes?

 

Proposition 60 allows homeowners in numerous California counties move homes and

maintain the lower tax base of their current home. 

 

For example, if you're moving from Los Angeles to Orange County. Your LA home sells for $1.5M and their yearly property taxes on that home were about $10k. Then, you purchase a new home here in Orange County for $1.5M and the property taxes on that home would have been approximate $16k/year. You can maintain that $10,000 tax base and SAVE $6,000 a year on property taxes.

 

Proposition 90 is an inter-county amendment that allows you to move from and to the following "reciprocating" counties:

  • Alameda

  • El Dorado

  • Los Angeles

  • Orange

  • Riverside

  • San Bernardino

  • San Diego

  • San Mateo

  • Santa Clara

  • Ventura

THE KELLER FORSYTH GROUP

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888-584-9427

CA State Brokerage Address

2603 Camino Ramon St 200 
San Ramon, CA 94583 
CalBRE#: 01878277

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Realtor CalBRE 02007973 ~ eXp Realty of Ca, Inc.

Serving Orange County, California