Monterey County Weekly | Editorial Board, October 8, 2020
Yes on Proposition 19 | property tax breaks for seniors
If you’re 55 or older, Prop. 19 will give you a tax break if you sell your home, allowing you to transfer your existing property tax rate (in theory lower than the taxes on the new place) to the property you purchase. Additionally, this proposition ends a tax break many Californians receive on homes they’ve inherited.