TAX SAVINGS FOR
Thanks to Prop 19, seniors, retirees, and all homeowners aged 55+ can move closer to family, medical care, or a home that better meets their needs anywhere in California without a tax penalty.
Prop 19 removed unfair location and price restrictions, allowing older homeowners to transfer the tax base of their home to a new home.
SAVINGS FOR HOMEOWNERS WITH DISABILITIES
Prop 19 also removed unfair restrictions on Californians with severe disabilities, allowing homeowners to move to a replacement home anywhere in California without a tax penalty.
Under Prop 19, homeowners with severe disabilities can transfer the tax base of their existing home to a replacement home up to three times.
FOR VICTIMS OF WILDFIRE AND NATURAL DISASTER
After wildfires destroyed more than 24,000 family homes in the past few years, wildfire victims have faced massive property tax hikes when relocating to another home.
Prop 19 allows victims of wildfire or natural disaster to transfer the property tax base of their damaged house to a replacement home anywhere in California.
The Opportunity is Now
Proposition 19 fully goes into effect on April 1, 2021, protecting millions of older homeowners, homeowners with severe disabilities, and victims of wildfire or natural disaster.
As older homeowners move to senior housing, retirement communities or condos, or downsize to smaller homes more homeownership opportunities will open up in communities throughout the state each year for renters, young families, and first-time homebuyers.