Proposition 19 will supersede the old rules which limited this exemption to the sale and purchase of a principal residence within the same county (Proposition 60) or between certain counties (Proposition 90) — but only if the replacement property was of “equal or lesser value” and only one time. In addition, it is a constitutional amendment to Proposition 13 that now...

• calendar_month January 25, 2023
• category Taxes
• post 2023, Altadena, Battles Real Estate, Burbank, Glendale, Housing, La Canada, La Crescenta, Lake View Terrace, property taxes, proposition 19, real estate, Robbyn Battles