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Proposition 19: Homeowner tax savings everywhere in the state
Apr 8, 2021 from 1:00 PM to 3:00 PM (PT)
Homeowners who are 55 or over, severely disabled, or whose homes were destroyed by wildfire or natural disaster, may transfer the taxable value of their primary residence to a replacement primary residence …
Anywhere in the state
Regardless of the location
Regardless of the value of the replacement primary residence — even if it’s greater in value (with upward adjustment if it is greater)
Within two years of the sale of the original primary residence
Up to three times (although there’s no limit for those whose houses were destroyed by wildfire or natural disaster)
These rules are in effect on and after April 1, 2021
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