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Patch Blog: Senior Tax Benefits

Are you over 55 and thinking about moving, but you’re afraid you will lose your LOW property tax rate?

Are you over 55 and thinking about moving, but you’re afraid you will lose your LOW property tax rate? You may be able to transfer your current low rate to your next home. Under Proposition 90, if you are over 55 years of age and purchase a home of equal or lesser value in one of 7 counties that reciprocate, you may be able to take advantage of this wonderful opportunity

For more information, visit the County Assessor's website:

http://assessor.lacounty.gov/extranet/guides/prop6090.aspx

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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