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by vadym909
3089 days ago
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even if they just get rid of Prop 13 on rentals and passing the benefit to children- at least a future generation may have a chance to affordability in CA... "Thanks to a state proposition that took effect in 1986, known as the "parent-child reassessment exclusion," a child can inherit a parent's principal residence, whether modest or worth millions, without triggering a reassessment for property taxes." |
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