California Prop 19 Property Tax Calculator
Understand how Proposition 19 affects property tax transfers between parents and children, or grandparents and grandchildren in California.
Prop 19 Expertise
Professional guidance on California property tax planning
Quick answer
Proposition 19 is California's property tax law that allows parents to transfer property to their children or grandparents to transfer property to grandchildren with a $1 million property tax exemption on primary residences. This calculator helps you estimate property tax savings and understand your eligibility for Prop 19 benefits when inheriting or receiving property from a family member.
Property Information
The current assessed value for property tax purposes
The current fair market value of the property
Only children and grandchildren qualify for Prop 19 benefits
Primary residences receive the most favorable treatment
Income affects qualification for certain programs
Prop 19 Analysis
Understanding California Proposition 19
What Prop 19 Allows
- •Transfer assessed value to children/grandchildren
- •$1 million exemption for primary residences
- •Protection from reassessment on qualifying transfers
- •Ability to transfer between counties
Important Limitations
- •Only applies to children and grandchildren
- •Excess value over $1M exemption is assessed at market value
- •Vacation homes have more restrictive rules
- •Must be used as primary residence by recipient in some cases
Key Changes from Previous Law
Before Prop 19
- • Unlimited assessed value transfer
- • Applied to all property types equally
- • No income restrictions
- • Could transfer any number of properties
After Prop 19 (2021)
- • $1 million exemption cap
- • Primary residence gets priority treatment
- • New use requirements for some transfers
- • Intergenerational equity provisions
Qualification Requirements
Family Relationship
Must be a direct transfer between parents and children, or grandparents and grandchildren.
Primary Residence
Property must be or become the primary residence to receive full exemption benefits.
California Property
Property must be located in California and subject to California property tax.
This Prop 19 calculator is for educational purposes only and provides estimates based on the information you enter. Actual property tax implications, assessed values, and tax liability may vary significantly based on county assessor determinations, local tax rates, property characteristics, and specific family circumstances. This does not constitute legal, tax, or financial advice. Proposition 19 regulations are complex and vary by county and individual circumstance. For personalized guidance on property transfers, Prop 19 planning, and property tax implications, consult with a California tax attorney, qualified tax professional, and financial advisor.
Frequently Asked Questions
Planning a Property Transfer?
Understanding Prop 19 is crucial for estate planning and property transfers. Let our experts help you navigate California's complex property tax laws.