Thanks to Prop 19, homeowners aged 55+, people with severe disabilities and victims of natural disasters can move closer to family, medical care, or to a home that better meets their needs anywhere in California without a tax penalty*
Prop 19 also removed unfair restrictions on Californians with severe disabilities, allowing homeowners to move to a replacement home anywhere in California without a tax penalty*
And after wildfires destroyed more than 24,000 family homes in the past few years, wildfire victims have faced massive property tax hikes when relocating to another home. Prop 19 allows victims of wildfires or natural disasters to transfer the property tax base of their damaged house to a replacement home anywhere in California*
C.A.R. has launched a dedicated website for Proposition 19 to provide you with all the information you need to help clients take full advantage of the important tax benefits made possible through this new legislation, effective April 1, 2021.