Welcome to Real Estate Pro Tips. Pete Sabine and Leslie Whitney are real estate professionals with Compass and the Five Star Real Estate Team in the San Francisco Bay Area of California. This podcast series features guests who are specialists in home loan financing, staging, property inspections, property management, home warranty, insurance, and other real estate related services. Our podcasts provide real estate expertise to give you a competitive edge and provide insight with useful information so you can make an informed decision for your real estate needs. Our goal is to provide proven tips and strategies to make your home buying or selling goal a reality. Pete has represented homeowners & buyers since 1985 with over 36 years of local real estate expertise and over 1000 successful real estate sale transactions. Pete excels at real estate contract negotiations, home preparation projects, social media marketing, creative financing and real estate investment strategies. Pete is the co-author of the book "Get the Best Deal When Buying or Selling Your Home" which is like having your own coach in a book. Our podcast series is the online version of this book where you can access each podcast episode as a resource. Leslie has over 16 years of experience in advertising, marketing, banking, retail, commercial and residential real estate. We hope you enjoy our Real Estate Pro Tips and we encourage you to share our podcasts with anyone you know who is looking to buy or sell a home Call or Text 925.297.5335 to reach us with your questions or referrals.
Episodes
Thursday Jan 07, 2021
Thursday Jan 07, 2021
Welcome to Real Estate Pro Tips. The topic is California Proposition 19 Property Tax Modifications.
Prop 19 is known as the “Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment”.
Pete Sabine and Leslie Whitney review the changes and impact of Prop 19 for California homeowners.
1:14 Prop 19 Background
2:28 Transferring Taxable Value
3:48 Changes to the Number of Times You Can Transfer
4:16 Transferring Basis for Properties of Equal or Lesser Value
5:56 Transferring Basis for Properties of Equal or Greater Value
7:20 Primary Residence rules
8:11 Impact on State Property Tax Revenue
8:55 The Future of Prop 13?
10:44 Impact on housing inventory, affordability and homebuyers
11:54 Inherited residential real estate changes
12:27 When should you transfer a property?
13:46 Potential Drawbacks
14:49 Wrap Up
Find our podcasts here:
Pete Sabine & Leslie Whitney
Call or text 925.297.5335
Visit Our Five Star Team
Compass. License #01866771
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