Prop 19 Explained | The END of Prop 13 and What it Means for You!

Is Prop 13 Gone? What is Prop 19? In this video, attorney Mark Gilfix leads us through a dive deep into the changes brought by Prop 19 and how it impacts the future of Prop 13. We'll discuss the effects of Prop 19 on both homeowners and rental property owners, and uncover the three big mistakes families often make around Prop 19. Learn how to preserve low property taxes and prepare for the end of Prop 13 as we know it. Topics covered include the demise of Prop 13, understanding Prop 19, and the crucial differences between Prop 19 and Prop 13. Don't miss this essential guide to navigating the changes brought by Prop 19 and securing your property's future. Chapters 0:00 Introduction 0:08 The End of Prop 13? What is Prop 19? 3:26 What does CA Prop 19 mean for Your Home? 7:27 How Does Prop 19 impact my rental property? 10:18 3 Property Tax Planning mistakes around Prop 19 12:51 How to Preserve low Property Taxes in CA 17:55 Closing This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues. Past experiences are no indication of future success. No property tax planning can be guaranteed in light of uncertainty around government interpretations of laws and regulations, and changes in law. Families must be aware of insurance coverage issues whenever properties are transferred or change title, and must make their insurance companies aware of changes in title. To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com