Search Results for: property tax

Transfer Your Home Property Tax Basis Value from Orange County CA to Replacement Dwelling at a Different County

My prior article ~ Protect and Transfer Your Home Property Tax Basis Value at Orange County, California ~ Proposition 60 ~ addressed the opportunity for homeowners who are 55 years of age or more to sell their Orange County home … Continue reading

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How to Protect and Transfer Your Property Tax Basis for Residence at Orange County ~ CA Proposition 60

  A friend asked yesterday whether he could buy a house in Orange County first and later sell his prior house in Orange County while taking advantage of California Proposition 60 on transfer of property tax basis. Answer is “YES” if you follow all … Continue reading

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Property Taxable New Construction vs. Non-Taxable Property Repairs at Orange County, CA

  Some homeowners here at Orange County, California, are making decisions to improve and renovate their homes.  A primary financial consideration is whether there will be PROPERTY TAXABLE REASSESSMENT OF VALUE for new construction vs. non-taxable maintenance or repairs.  New construction is taxable … Continue reading

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It’s California Property Tax Payment Time Once Again

It’s California Property Tax Payment Time Once Again at Orange County, CA Continue reading

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California Property Tax Assessed Value Protections on Some Transfers

  Homeowners and buyers in California should know about property tax assessed value basis protections that are possible on some transfers.   Here are two of those situations for possible protection as explained by the Orange County Assessor, Orange County, CA.  … Continue reading

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Real Estate Investors Need to Know About Taxes on Sale of Their Property

Real Estate Investors Need to Know About Taxes on Sale of Their Property Real estate investors need to know if they will owe taxes on the sale of your property – even if you are taking a loss on the … Continue reading

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Pay No Income Tax When You Sell Investment Property With a Tax-Deferred Exchange

Pay No Income Tax When You Sell Investment Property With a Tax-Deferred Exchange Investors can qualify and pay no income tax when they sell property (including real estate) with a 1031 Exchange.  Section 1031 of the Internal Revenue Code code … Continue reading

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Orange County CA Public Property Auction by Treasurer/Tax Collector – June 29, 2011

Orange County, CA, Treasurer/Tax collector Shari Freidenrich has scheduled the county public property auction for Wednesday, June 29, 2011, at 10 AM at the Orange County offices. See list of properties scheduled for Orange County auction at http://www.ttc.ocgov.com/auction/auctionlist.htm. One such property scheduled for public auction … Continue reading

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California Propositions Impacting Property Assessed Values and Taxes

  California Law by Proposition Impacting Assessed Values and Property taxes  Proposition 13  –  Established limitations on increases in assessed value and set the maximum general property tax rate at 1 percent of assessed value.  Passed during 1978, this established the base … Continue reading

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Protect Property Values and Retain the Mortgage Interest Tax Deduction

Protect Property Values and Retain the Mortgage Interest Tax Deduction Continue reading

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