[lostdog]

Maybe the same good solutions could apply to both unrealized gains and prop 13.

Cite the asset as an illiquid, fully-contained asset, have the taxes accumulate as a debt against the asset, and then owe all the taxes at sale time.

[sahila]

That in my opinion would be a horrible idea for property taxes which are an important part of local and state taxes. According to this source[0] property taxes make up more than 30% of a state’s revenue, so having reliable constant revenue streams would be gone if it happened on sale.

I think there’s other issues too like how property taxes accumulate and can surpass the value of the home in which case you do what?

0: https://taxfoundation.org/state-property-taxes-reliance-2021...