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08Jul

Will Using an LLC Mess Up a Property Tax Base Transfer Under California Law?

Under California’s Proposition 60, which became enacted in 1986 as Revenue and Taxation Code section 69.5, any “person” over the age of 55 years may transfer the base year value of his or her residential property to any replacement dwelling of equal...
By: Patton Sullivan Brodehl LLP
Source Url: https://www.jdsupra.com/legalnews/will-using-an-llc-mess-up-a-property-42183/

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