09/02/2026
If you’re planning to inherit your parents’ California home and keep their low property taxes, there are some Prop 19 rules you need to know. 🏡
Most people know that if it was your parents’ primary residence and you move into it, you may be able to keep some of their lower property-tax assessment.
But what many people DON’T know:
• A living trust doesn’t automatically protect the property-tax basis.
• There’s a one-year deadline tied to the parent’s death.
• You generally can’t turn the inherited home into a rental and keep the same Prop 19 benefit.
• Even if you move in and qualify, there’s a limit to how much value is protected.
• And while your property taxes may increase, the step-up in tax basis at death can make selling an inherited property much more attractive from a capital-gains standpoint.
And there’s one more GOLD NUGGET I didn’t include in the video.
It’s especially important if you’re over 55 or have recently lost a spouse, and in the right circumstances, it could mean a significant tax savings.
👉 DM me “GOLD NUGGET” and I’ll send it to you.
And if you’re dealing with an inherited property and have questions about Prop 19, I’m happy to share my contact at the County Assessor’s Office as well.
I’m a Realtor, not a CPA or tax attorney. This is general information only and isn’t tax or legal advice. Always consult your CPA or attorney about your specific situation.
Rebecka Forrester
TNG Consultants
DRE 01989038
714-412-5157