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    mhbyer's Avatar
    mhbyer Posts: 1, Reputation: 1
    New Member

    Jan 25, 2007, 03:16 AM
    Property taxes on inherited property
    When daughter inherits home from parent and moves into the home, is there an adjustment to the property tax base in California? Currently taxes are extremely low but house has increased in value since purchase 40 years ago. House is held by trust.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man

    Jan 25, 2007, 08:05 AM
    Some areas do reassess property when there is a change in ownership. You would have to check with your local assessment office on the rules.

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