Estimated Annual Property Tax
(Based on Estimated 1.2% Average Assessment )

$  
Without Prop 19
$ 0.00

$  
Difference Between Primary Replacement Residence
0.00

$  
Estimated Taxable Value of New Home
0.00

$  
With Prop 19
0.00

California Proposition 19, or the Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act, is a Constitutional Amendment that imposes new limits on property tax benefits for inherited family property. Under Proposition 19, a child or children may keep the lower property tax base of the parent(s) ONLY if the property is the principal residence of the parent(s) and the child or children make it their principal residence within one year.

The other component of Proposition 19 allows homeowners who are over 55 years of age, disabled, or victims of a wildfire or natural disaster, to transfer their lower assessed property value of their primary home to a newly purchased or newly constructed replacement principal residence up to three times (or once per disaster). The tax base may be transferred to a property located anywhere in the state of California.

These new changes may affect your next escrow. Additional forms may be required if you plan to transfer your tax basis for an eligible transaction. If you are considered one of the above groups, we have a calculator you can use to estimate your property taxes under proposition 19 quickly and easily!




DISCLAIMER: This Proposition 19 calculator is based on the California Association of Realtors analysis of Prop 19. These are only estimates. Each county and city have different tax assessments
that may apply. To get an accurate figure, please consult with a professional tax and estate advisor. By using the calculator, you accept the terms & conditions above.