California’s Proposition 19 isn’t just a law—it’s a reality that’s already affecting thousands of homeowners across the state. If you’ve recently inherited property, you may already be feeling the impact. In this final post of our Prop 19 series, we’ll walk you through how to navigate the process and make smart decisions about your inherited property.

🔍 Quick Recap: What Prop 19 Changed

Prop 19 took effect in 2021 and drastically changed how property tax assessments work when real estate is transferred between parents and children (or grandparents to grandchildren).

Before Prop 19, you could inherit property—including second homes or rental properties—and keep your parents’ low property tax basis. That’s no longer the case unless you meet strict requirements.

Now, unless you move in and claim the inherited property as your primary residence, the county will reassess it at market value, which can cause a huge increase in property taxes.

🧭 Step-by-Step: What to Do After Inheriting Property

1. Get a Preliminary Property Tax Estimate
Start by estimating what the new property taxes will be if the home is reassessed. If you inherited a home worth $600,000 that your parents paid $150,000 for, your annual tax bill could jump by thousands.

2. Decide if You Want to Move In
To keep the lower tax basis under Prop 19, you must file a Homeowners’ Exemption Claim and make the property your primary residence within 1 year of the transfer.

3. Evaluate the Financial Impact
If moving in isn’t an option, run the numbers:

Can you afford the higher taxes if you keep it as a rental?
Would selling now be more beneficial—especially if you want to avoid capital gains down the road?

4. File the Right Forms
California law requires heirs to file a Claim for Reassessment Exclusion or Parent-Child Exemption promptly. Missing deadlines can cost you thousands.

5. Talk to a Professional
The tax consequences, family dynamics, and future equity are too important to guess on. Work with a real estate agent (like me 😊), a tax advisor, and possibly an estate attorney.

⚖️ Real Talk: Not Everyone Should Keep the Property

Prop 19 creates emotional and financial decisions for heirs. Some homes are better sold—especially if there’s no plan to move in and the tax burden would hurt your family more than help.

Whether you want to keep the home, sell it, or just understand your options, you’re not alone. I’ve helped families navigate this very situation, and I’m happy to walk you through your next step with no pressure.

📞 Ready to Talk Strategy?

If you’ve inherited property in California and want a free estimate of its current market value, or just want to chat about your options under Prop 19, reach out today.

Call/Text: (909) 200-9102
Email: rob@mail.realtydude.com
Visit: realtydude.com/probate-help

Stay tuned for more practical real estate insights!
This wraps up our Prop 19 series, but the conversation doesn’t stop here. If there’s a topic you’d like me to cover next, shoot me a message.