Tax
Mar. 17, 2026
Proposition 19 reshapes property tax planning for California families
Proposition 19 is reshaping many of California's most iconic cities and neighborhoods by eliminating the broad parent-to-child exclusion from property tax reassessment, a rule that governed intergenerational real property transfers for decades.
Many of California's most iconic cities and neighborhoods are now experiencing the effects of Proposition 19 and the elimination of the broad parent-to-child exclusion from property tax reassessment. Approved by voters in November 2020 and implemented in February 2021, Proposition 19 significantly changed long-standing rules governing intergenerational real property transfers. Before its implementatio...
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