With the passage of Proposition 19 and the change of administration in the White House, there is a lot of confusion about real property transfers,.
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Proposition 19 goes into effect on February 16, 2021 and the favorable property tax reassessment terms for gifts from parents to children are going to.
According to the California Department of Tax Fee Administration, returns due between December 15, 2020, and April 30, 2021, for all but the largest taxpayers,.