Real Estate Solutions

Pam Silverman

               
Protecting Your Tax Base

Real Estate Web Site: www.SimiValleyHomes.com

If you are 55 or over and are selling and buying in Ventura County, Prop. 60 allows you to take your current property tax base with you as long as the home you are buying is equal or less than the home your sold. (Under certain circumstances you may actually be able to purchase a home that is 5%-10% higher than the one you sold.) If you are selling your home in one California County and purchasing one in another California County you MAY be able to transfer your tax base depending on the Counties involved.

Click the link below for Prop 60 & Prop 90 Ventura County Information.

http://assessor.countyofventura.org/TaxSavings/seniors.asp

Click the link below for Frequently Asked Questions about Prop. 60/90 from The State of California.

http://www.boe.ca.gov/proptaxes/faqs/propositions60_90.htm

Real Estate Web Site: www.SimiValleyHomes.com