Episode Details
Back to EpisodesProperty Tax: California's Prop 19 Gives to Some, Takes from Others
Episode 993
Published 5 years, 4 months ago
Description
California voters approved a real estate measure that will help older homeowners, but it could have a big downside for their children. Proposition 19 allows seniors, the disabled, and disaster victims to take their low property tax base with them to a new home. But it also reduces that protection for their heirs.