Prop 19 Explained | Base Value Transfer & Inheritance Calculator Walkthrough скачать в хорошем качестве

Prop 19 Explained | Base Value Transfer & Inheritance Calculator Walkthrough

Learn how California Proposition 19 works with a step-by-step walkthrough of our Base Value Transfer and Inheritance Exclusion calculators. Whether you’re downsizing, upsizing, or inheriting property, this guide shows you how Prop 19 can lower property taxes and protect homeowners. 🔹 Base Value Transfer (55+, Disability, Disaster/Wildfire) Transfer your property tax base when moving to a new primary residence See examples of downsizing and upsizing with real numbers Learn how county tax rates apply 🔹 Inheritance Exclusion Rules for inheriting a parent or grandparent’s primary residence The $1,000,000 threshold explained Examples showing how taxes are calculated with and without Prop 19 💡 Plus, downloadable Prop 19 flyers (PDF/PNG) and live calculation breakdowns make it easy to explain to clients. 0:00 Intro: Prop 19 Calculator Overview 0:18 Where to Find the Prop 19 Tools (LunaTitleTeam.com) 0:38 Prop 19 Guide Page Tour (Flyers & Downloads) 1:00 How Prop 19 Works: Keeping a Lower Assessed Value 1:18 Base Value Transfer Eligibility (55+, Disability, Disaster/Wildfire) 1:35 Using the Base Value Transfer Calculator (County Rates & Inputs) 1:58 Downsizing Example: $1.5M Home → $1.2M Purchase 2:20 Without Prop 19: New Tax Based on $1.2M 2:44 With Prop 19: Transfer $800k Assessment (Tax Savings) 3:10 Showing the Math: “How This Was Calculated” Feature 5:45 Upsizing Example: $1.5M Sale → $2.0M Purchase 6:05 Adjusted Base Math: $2.0M − $1.5M = $500k Added 6:19 Tax Comparison: Prop 19 vs. No Transfer (Big Savings) 8:11 Inheritance Calculator: When and Why to Use It 8:30 Inheritance Requirements: Primary Residence & Move-In Rule 10:32 Core Rule: Assessed Value + $1,000,000 Threshold 9:11 Inheritance Example: $500k Assessment, $1.7M Value (Above Threshold) 10:49 Inheritance Result: New $700k Assessment & Savings 12:18 Inheritance Example: Value Within Threshold (Keep Low Tax Base) 13:13 Non-Qualifying Inheritances: Full Reassessment Cases 13:27 Wrap-Up: Best Uses for Base Transfer & Inheritance Calculators