prop 90 tax break: Prop 19 FAQs 1-How Prop 19 Benefits Calif. Housing Market - 03/17/21 01:26 PM
Proposition 19 is designed to increase housing sales and specifically benefit California homeowners who are over 55, severely disabled or victims of wildfires or other natural disasters. There are additional parts of Prop 19 that affect the tax basis of inherited primary residences and remove the low tax basis of non-primary residential real property.
Part of Proposition 19's purpose is to motivate more people to sell homes, thereby increasing available inventory in key real estate markets. Combined with the current availability of up to $500,000 in tax-free proceeds for sales of primary residences owned and resided in for at least 2 of … (2 comments)

prop 90 tax break: Santa Clara County Seniors Property Tax Break Saved - 06/20/11 10:11 AM
Santa Clara County Seniors Property Tax Break Saved
by Michelle Carr-Crowe, Top 5% San Jose Real Estate Agent, Senior Real Estate Specialist
Thanks to input from real estate professionals and senior citizens in San Jose, Cupertino and Los Altos, the Santa Clara County Board of Supervisors is retaining Proposition 90, one of the most critical property tax breaks for Santa Clara County senior homeowners.
On Tues., June 14th at 1:30, the Santa Clara County Board of Supervisors voted to keep the inter-county benefit intact and rejected the County Executive and Assessor recommendation to discontinue Proposition 90 for the upcoming fiscal year.
… (2 comments)

prop 90 tax break: Seniors Property Tax Break Threatened - 06/10/11 08:50 PM
Seniors Property Tax Break Threatened
by Michelle Carr-Crowe, Top 5% San Jose Real Estate Agent, Senior Real Estate Specialist
Did you know the Santa Clara County Board of Supervisors is meeting to vote on axing one of the most critical propety tax breaks for senior citizens?
This Tues., June 14th at 1:30, the Santa Clara County Board of Supervisors is meeting at 70 W. Hedding in San Jose to vote on discontinuing Proposition 90 for the upcoming fiscal year.

As part of the Santa Clara County Proposed Budget for 2012, the County Executive and Assessor are recommending the Board of … (2 comments)

 
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