|
|
|
|
|
|
by CrazyStat
371 days ago
|
|
|
He may be paying a much lower property tax rate in California due to Prop 13, which limits property tax increases to 2% per year as long as the property doesn’t change owners. If you bought a house for $200k in 1990 which is worth $1.5 million today you don’t pay anything close to 1% because of that 2% annual increase cap. |
|
|