the second installment is now around the corner, due by April 10, 2024.
Category
Taxes and Property Taxes (Proposition 13, 60, 90, 58, 193 and Proposition 19)
Prop 19 Repeal Efforts Update: HJTA collects over half a million signatures for Repeal the Death Tax initiative, misses November ballot
An update on the Prop 19 repeal efforts from The Howard Jarvis Taxpayers Association.
Key Real Estate Documents To Review Closely During A Sale (And To Keep After)
Here, we will breakdown of some of the key purchase documents, disclosures, escrow and title documents that you should pay especially close attention to during the sale or purchase and keep long after for legal and tax purposes.
Capital gains tax rates for 2024
This is a simple update on the Capital gains tax rates for 2024, particularly in the sale of real estate.
Navigating Property Tax Prorations and Post-Closing Bills in California Real Estate Sales (And a Recap On Property Taxes in California)
This article will explore the basics of California property taxes, how those are prorated in a sale, and the post-closing “Supplemental Property Tax” bills new owners often receive.
Exclusions From Property Tax Reassessments: Cotenants (aka Co-Tenants)
We have written extensively on Proposition 19 and its negative impacts on family property transfers and inheritance, especially in areas such as Newport Beach, coastal Orange County, the Bay Area and many other locations where property values have increased dramatically over the course of ownership especially multigenerational ownership. This article will explore another reassessment exclusion, … Continue Reading
Intra-Family Loans and the IRS Applicable Federal Rate
When it comes to family loans — the IRS Applicable Federal Rates are the minimum interest rate you should be charging a “borrower”.
Repeal the Death Tax Initiative: Petitions Now Available! (to repeal the death tax aspect of Prop 19)
Now available! The official Howard Jarvis Taxpayers Association legal petition to get the Repeal the Death Tax initiative on the November 2024 ballot is here!
California Property Tax Bills are Out! Check Your Mail For The 2023-2024 Bills!
Your California 2023-2024 Property Tax Bills have arrived! The first installments can be paid until December 11, 2023*, second installments by April 10, 2024. (Payments are technically due by December 10, 2023, but since that is a Sunday, it rolls to the next business day.)
Capital Gains Tax Rates for 2023
This is a simple update on the Capital gains tax rates for 2023, see below.
