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Proposition 13 Base Year Value Transfers to Replacement Properties Under certain conditions, persons aged 55 years and older may transfer the Proposition 13 factored base year value of their principal residence to a residence acquired or built as its replacement. Principal Residence Intra-County Base Year Value Transfers - Proposition 60 Principal Residence Inter-County Base Year Value Transfers – Proposition 90 Propositions 60 and 90 base year value transfer options are a one-time only benefit. Once granted, the applicant is no longer eligible to receive the benefit for a subsequent transfer of a principal residence. Call Emily or Jessica to see if you may take advantage of these tax saving opportunities. | |
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Emily Link's Real Estate Agent Website Site Map Serving Simi Valley, Thousand Oaks, Westlake Village, Calabasas, the San Fernando Vally for all your Real Estate Buying and Selling Needs,
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