$1 million exclusion limit

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Can Both Parents Transfer $1 Million In Property To Child Under Proposition 58?

Earlier, we explained that California real property reassessment exclusions can protect certain family members from paying greatly increased property taxes. Plus, we explained that the value of the transferred property counted toward the $1 million exclusion limit generally would be the [...]

By |2018-04-09T10:59:13-07:00April 9th, 2018|California, Selling, Tips|0 Comments

Specifics Of The $1 Million Exclusion Limit For Family Transfers Of Real Property

Earlier, we explained that California real property reassessment exclusions often protect family members from paying greatly increased property taxes when they buy or acquire property. It's true! Propositions 58 and 193 protect some properties from reassessments when the [...]

By |2018-04-03T11:49:41-07:00April 5th, 2018|California, Probate, Probate FAQ's, Tips|0 Comments