15K views · 407 reactions | Labour’s New Property Investment Tax...

Proposition 19 will mean tax increases for owners of inherited property

Proposition 19 has reshaped property tax rules for California homeowners. It expands property tax portability, allowing homeowners to transfer their existing tax base anywhere in the state. It also tightens rules for inherited properties, requiring heirs to use them as primary residences. #Proposition19 #PropertyTax #CaliforniaRealEstate #Homeowners #Inheritance #Prop13 | MaYa Team Inc. | Facebook

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70% of property investors lose money in the market… But there’s a small group of investors who always seem to ‘pick’ or ‘choose’ the right properties every single time… It comes down to knowing the 3 key pillars for successful investing… But before I reveal what they are, let me tell you what they aren’t… It’s not buying multiple negatively geared properties just to save on tax and ‘hope’ that your property will grow enough to make a profit… (You usually make much less than you think using this