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diego
3502 days ago
Interestingly California has a homestead exemption but it's a joke (capped at $70).
1 comments
malyk
3502 days ago
Oakland has a $7000 homestead exception. It actually just takes $7000 off the "value" of the property for taxation purposes.
https://www.acgov.org/assessor/decreasetax/exemptions/homeow...
link
diego
3502 days ago
Right, I live in Oakland. This is a state exemption. In other parts of the state it may be meaningful, but if you (like me) bought property in the Bay Area in the current millennium then it's insignificant.
link
https://www.acgov.org/assessor/decreasetax/exemptions/homeow...