Welcome to the TomeaRE.com Blog

2017-04-18 11:34:49
The Tax Breaks for Seniors

CA Prop 60/90: The Tax Breaks for Seniors

These two constitutional amendments, passed by California voters provide property tax relief for persons aged 55 and over.  Implemented by section 69.5 of the Revenue and Taxation Code, they allow these persons, under certain conditions, to transfer a property’s factored base year value from an existing residence to a replacement residence.

Important to note about these two tax transfer initiatives is that Proposition 60 allows transfers of base year values within the same county (intracounty), while Proposition 90 allows transfers from one county to another county in California (intercounty) and it is the discretion of each county to authorize such transfers.

In the link below please find a WRT marketing piece on these propositions.  For more technical answers to your questions, here’s the FAQ’s link as found on the California State Board of Equalization website: PROP 60/90

Click here for WRT Proposition 60 /90 Handout

Customer Service | (888) 743-0412 
www.WRTca.com
 
Connect with us:
    
 
 
 
Blog Archive
2017-09-13 11:33:38
Quick and Budget-friendly DIY Projects

2017-09-13 11:25:26
SELLING YOUR HOUSE?

2017-09-13 11:11:56
WHAT IS A HOME WARRANTY?

2017-09-13 11:10:07
9 ESSENTIAL THINGS

2017-09-13 11:06:26
6 COSTLY MISTAKES

2017-09-13 10:41:43
INFOGRAPHIC: AVOID REAL ESTATE REGRET

2017-09-13 10:41:39
INFOGRAPHIC: COMMON HOME BUYER EXPENSES

2017-09-12 17:38:19
4 COMMON REAL ESTATE SCAMS

2017-09-12 17:38:13
HAVE YOU FALLEN OUT OF LOVE WITH YOUR HOUSE?

2017-09-11 12:48:18
New CA Laws Affect Accessory Dwelling Units

2017-08-16 13:02:55
San Diego Calendar of Events - September 2017

2017-08-14 17:08:04
The power behind a Power of Attorney

2017-08-14 16:23:51
INFOGRAPHIC: RENTERS THAT CAN BUY

2017-08-14 16:19:34
INFOGRAPHIC: MILLENNIAL MARKETS

2017-08-14 16:04:03
HOW MANY OF THESE 7 REAL ESTATE FACTS

2017-08-14 13:29:24
THE 5 BEST THINGS TO DO

2017-08-14 13:27:48
5 SECRETS TO GET SELLERS TO CHOOSE

2017-08-14 13:18:35
SELLING YOUR HOUSE?

2017-08-14 13:15:20
8 SIGNS A HOME BUYER ISN’T SERIOUS

2017-07-17 12:38:18
     August 2017 San Diego calendar of events

2017-07-13 13:56:13
     HOW TO CHOOSE A NEIGHBORHOOD

2017-07-13 13:36:50
      5 TIPS THAT WILL PROTECT YOU

2017-07-13 13:35:01
      HOW TO KEEP YOUR HOUSE COOL WITHOUT AC

2017-07-13 13:33:32
     4 CURB APPEAL PROJECTS TO MAX OUT HOME VALUE

2017-07-13 13:31:34
INFOGRAPHIC: BEDROOM DESIGNS

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.