HOW TO KEEP PROPERTY TAXES LOW WHEN MOVING…
Isaiah Angeles • February 7, 2019
HERE'S HOW.
“I’d sell my home but the property taxes on my new house will ruin me”.
Propositions 60 and 90 allow senior citizens in California to transfer the trended base value from their current home to a replacement property if certain requirements are met. This may result in substantial tax savings. Proposition 60 relates to transfers within the same county (intra-county).
Proposition 90 relates to transfers of base value from one county to another county in California (inter-county)
Who Qualifies? If you or your spouse who resides with you is age 55 or older, you may buy or construct a new home of equal or lesser value than your existing home and transfer the trended base value to your new property.
This is a one-time only benefit. You must buy or complete construction of your replacement home within two years of the sale of the original property. Both the original home and the new home must be your principal place of residence. A claim must be filed within three years of purchasing or completing new construction of the replacement property. If a claim is filed after the three-year period, relief will be granted beginning with the calendar year in which the claim was filed. Once you have filed and received this tax relief, neither you nor your spouse who resides with you can ever file again.
Eligibility Requirements:
The replacement property must be your principal residence and must be eligible for the Homeowners’ Exemption or Disabled Veterans' Exemption.
The replacement property must be purchased or built within two years (before or after) of the sale of the original property.
Your original property must have been eligible for the Homeowners’ or Disabled Veterans’ Exemption.
For more details contact the LA County Tax Assessor’s Office at 1(888)807-2111 or visit: LA assessor website
Note: In determining whether the "equal to or lesser than market value” test is met or not, it is important for the homeowner to know that the market value of a home is not necessarily the same as the sale or purchase price… For purposes of qualifying for Propositions 60 or 90, your local County Assessor’s office will determine the market value of each home involved. Both the former/original home and the replacement home may be subject to re-appraisal.
If you are thinking of Selling your home and if you have any questions regarding "transferring" your current Tax Base to your new/replacement home…feel free to contact me any time. Always know that I make myself available for you. If I can answer any question or concern regarding real estate, it would be my pleasure to do so.
Westside Sellers: Why Early Planning Matters More Than Early Listing For homeowners considering a sale this year, February is less about listing immediately—and more about strategic positioning . Sellers who start planning early often benefit from a clear pricing and marketing road map—learn more about our Seller services on the Westside . On the Westside of Los Angeles, homes that perform best in spring are rarely last-minute decisions. They’re the result of thoughtful planning that begins weeks—or even months—earlier.
What Beverlywood Home Sales Show Over Time Each January, I step back and look at what actually happened in our local real estate market — not forecasts or headlines, but real, closed sales. Over more than a decade of reviewing this data, one pattern has stood out: the number of homes sold each year remains relatively consistent, while prices steadily rise. This January snapshot looks first at Beverlywood as a whole, then drills down into three key sub-markets where I have long-standing experience and market share: Beverlywood HOA, Castle Heights, and Reynier Village. All data referenced in the final version of this report are based on single-family home sales reported in the Combined LA/Westside MLS, using consistent boundaries year over year.
Would-be homebuyers aren’t sitting on the sidelines because they don’t want to buy. They’re sitting out because they think they can’t.
Wondering what to expect from the housing market in 2026? You’re not the only one.
If you’re thinking about selling your house this year, you may be torn between two options.
Finding the right home feels exciting – but being pre-approved for your loan is what makes it possible.
Momentum is quietly building in the housing market.
A year-end look at Westside Los Angeles real estate trends, pricing insights, and planning tips for homeowners and buyers heading into the new year.
If you’re trying to decide if you’re ready to become a homeowner in the next twelve months, there’s probably a lot on your mind.
