The Prop 13 Math Most Homeowners Never Run
A home bought for $150,000 in 1985 carries a tax basis near $331,000 today. Here's what that savings means when you sell.
A home bought for $150,000 in 1985 carries a tax basis near $331,000 today. Here's what that savings means when you sell.
Most families still haven't run the numbers on Prop 19. The reassessment rule and the stepped-up basis together often make the decision for them.
Probate can take one to two years, and the estate pays the legal fees. A trust keeps those decisions with your family.
Renovated homes sell fast at a premium, but a full renovation carries real costs. Here's the list to weigh before you list your home.