Prop 19 2020 stole your rights (Prop 58) to keep your parents’ tax basis when you inherit family property. The title change may reassess the property, which means a HUGE PROPERTY TAX INCREASE. #FixProp19, Reinstate 58, Repeal the Death Tax, Save Our Children's Future = same movement.
Sponsor: United Organization of Taxpayers
If all you can spare is $8.80 we appreciate it. If you can contribute $1000 you will save hundreds of thousands over the time of ownership when we Fix Prop 19. FPPC 1485090 requires you to complete a form when you contribute. Zelle: FiXProp19Donations2026. Contributions may not be tax deductible consult your tax pro.
FEB. 16, 2021, PROP 19 NEW PROPERTY RULES BEGAN
Before Prop 19, property passed to child/grandchild, was reassessed and the property tax did not immediately increase because of Propositions 58 and 193 protections against higher taxes. This created affordable housing and fostered small business growth.
After Prop 19, the property is passed, reassessed and in many cases a higher amount of yearly property tax is now due. Many cannot afford the sudden and sometimes over 1,000% increase in property taxes and have to sell.