PVPAR March Breakfast Meeting: Ask the Assessor about Prop 19 - Shared screen with speaker view
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congrats Michelle !!!
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Well done Michelle!
Way to go Michelle!
Congratulation Michelle Nishide
Congrats Michelle! Cream rises to the top!
Thank you all so so MUCH! Love my PVPAR Family!
Congratulations Michelle! I am so very happy and proud of you!!!From SHEL-LEE DAVIS to Everyone: 08:41 AMCongratulation Michelle
Feel free to place any questions you may have here for Jeff & Robert to answer after his presentation. Thanks.
Will this presentation be recorded? If so please let us know where we can find it. Thank you.
Does the new laws affect prop 13 properties already in place?
Does prop 19 changes anything regarding the capital gain taxes?
Are there any gray areas regarding the Sr. Replacement Home program?
It is being recorded and can be found on the PVPAR website of the office can send the link.
Did Prop 19 affect the ability for heirs to use a stepped up basis after death when selling a property?
So rental properties that are inherited get re-assessed at full market value. Who establishes the new value?
yes the session is being recorded and will be posted on our website at www.pvpar.com
Can seniors sell their home first and apply Prop 19 to a house they buy later? If so, what is the time limit?
I’ve heard that there is talk about delaying the implementation of the start date? True?
Will Prop 60/90 be eliminated completely?
What advise could we give our clients given the amount of uncertainty with Prop 19?
Debbie Rodriguez-TICOR TITLE
With regards to the parent/child exemption, there was a huge rush to get deeds recorded prior to the Feb 16th deadline. With the HUGE delay in the County Recorder getting these recorded, how is all this being handled? I heard that you may go according to the execution/notary date of the deed, is that correct?
If there is a standard move by a senior after April 1st- will you allow the tax base to transfer
Assessor Jeff Prang
BUSINESS CARD:Assessor Jeff Prang(213) firstname.lastname@example.orgSubscribe to Realtors Newsletter: https://assessor.lacounty.gov/stay-informed-3/
what kind of proof do you need to show the kids are living in the home after the parents passing? How is your organization going to police this?
Do frogs have homes Sep?
Debbie Rodriguez-TICOR TITLE
if it is a multi unit, and the children move into one of the units, do the entire building stays unaffected? Also, do you need ALL CHILDREN to live there or only one child is sufficient?
Is there a time limit to buy a new home after you sell the old home under Prop 19?
That is the Prop. 19 Factsheet
Thank you for a great meeting.