
How will Proposition 19 impact your property taxes? Here are three things you should know
Proposition 19 - The Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act, will relieve some of the increased financial burden as a result of moving to a more expensive home. However, the framers of Prop 19 offsets this tax savings with a potentially significant tax increase to children who inherit a home.