08 Apr Proposition 19: Homeowner tax savings everywhere in the state Proposition 19: Homeowner tax savings everywhere in the state Thursday, April 8, 2021 (1:00 PM to 3:00 PM) Education, Fannie Mae/Freddie Mac, Federal loans, Financial Details You're Registered! DescriptionLocationInstructors Homeowners who are 55 or over, severely disabled, or whose homes were destroyed by wildfire or natural disaster, may transfer the taxable value of their primary residence to a replacement primary residence … Anywhere in the state Regardless of the location Regardless of the value of the replacement primary residence — even if it’s greater in value (with upward adjustment if it is greater) Within two years of the sale of the original primary residence Up to three times (although there’s no limit for those whose houses were destroyed by wildfire or natural disaster) These rules are in effect on and after April 1, 2021 Robert Bloom Robert Bloom joined the CALIFORNIA ASSOCIATION OF REALTORS® in 2004 and is now Senior Counsel. At C.A.R., he divides his time between writing and editing the Legal Q&A’s, delivering presentations and counseling agents on the Member Legal Hotline. He received a Bachelor’s degree in Economics from the University of California at Berkeley and a law degree from The Law School at The University of Chicago.