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To: mosaicwolf

The ONLY DAMNED good thing in CA. is prop 13, property taxes are frozen to the tax you pay when you purchase the home! However these bastards are ALWAYS trying to overturn the law!!!


30 posted on 07/28/2016 7:04:58 AM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Trump Girl Kit Cat

Well not exactly totally frozen but definitely slowed down.

reform, property tax value was rolled back and frozen at the
1976 assessed value level. Property tax increases on any given property were limited
to no more than 2% per year as long as the property was not sold. Once sold, the
property was reassessed at 1% of the sale price, and the 2% yearly cap became
applicable to future years.


55 posted on 07/28/2016 7:51:54 AM PDT by sheana
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