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 Sdarcc 2017

Sdarcc 2017-2025 Form

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[Music] [Music] hello I'm Jordan Mars your San Diego County Assessor recorder County Clerk and today I'm here to help you and your family grow your generational wealth and we can do so by Saving you money on your property taxes the proposition 19 intergenerational exclusion from reassessment or as we more commonly know it as the parent to child transfer was passed by you the voters this was done so to prevent you from being taxed out of your family home when it passes between Generations it allows you to transfer a principal residence your family home and its low assessed value between parents to children or grandparents to grandchild when the parents are deceased however it also included a statutory limit on how much can be transferred and today in this video I'll explain to you what that looks like but before we get started with Prop 19 you need to First understand Prop 13 that is the basis for our property tax system here in California Prop 13 was also passed

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