Prop 13 and Prop 19: The Tax Strategy Every Westwood Seller 55+ Needs to Understand
If you purchased your Westwood home years ago, your Prop 13 tax base may be one of the most valuable financial assets you own. Proposition 19 lets homeowners 55 and older transfer that tax advantage to a new primary residence anywhere in California — but the rules around timing, filing, and value thresholds are easy to get wrong.