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Proposition 19 is a California law passed in 2020 that changes how property taxes work when people move or inherit homes. It lets homeowners who are 55 or older, disabled, or victims of wildfires and natural disasters transfer their low property tax base to a new primary home anywhere in the state, so they don’t face a big tax increase when relocating. At the same time, it limits the tax break for inherited properties: children or grandchildren can only keep the lower tax base if they live in the home as their primary residence, and even then the benefit is capped if the property value is much higher than the old tax base. The extra tax revenue from these changes is directed to wildfire response and local government funding. ▶ Download the presentation from: https://nas.io/reazseaminars YouTube: / @reazseminars Facebook: / reazseminars Linkedin: / reazseminars TikTok: @reazseminars ▶ ABOUT RONY VELASQUEZ I have been teaching Real Estate, Mortgage Financing, Lead Generation, Marketing, Scripts & Dialogs and Follow-Up, Presentations, Contracts and Technology since 2010. I have personally trained over 6,000 agents in the last 13 years. If you just got your license, are new to Real Estate and mortgages, or even if you are a seasoned agent looking to learn new techniques, technologies, and practices, I can help. ▶ JOIN OUR BROKERAGE If you are recently licensed as a Real Estate Agent and or Mortgage Loan officer join our fast growing brokerage! Make an appointment: https://calendar.google.com/calendar/... #Proposition19 #PropertyTax #CaliforniaRealEstate #EstatePlanning