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Daily Archives: June 27, 2014

Prop 60 & 90 Allows for One-time Transfer of Tax Base for Seniors 55+

Posted in Advice

Proposition 60 and 90 is an affordable way for Senior Property Owners age 55 and older to move since it allows them to transfer their tax base one-time.  The Replacement property has to be equal value or less and must be purchased within two years.  Please note Riverside County began participating again on September 13, 2013. 

Please click here for Qualification Criteria, Eligibility Requirements and answers to Frequently Asked Questions for Los Angeles County.   For more information on Riverside County, please click here.