Category: Real Estate Taxes
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Prop 19
Homeowners who are 55 or over, severely disabled, or whose homes were destroyed by wildfire or natural disaster, may transfer the taxable value of their primary residence to a replacement primary residence…
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6 Tax Facts Home Sellers Should Know
1. If you’ve owned and lived in your home for two of the five years prior to selling it, you can generally exclude up to $250,000 of the gain