<p>@fluffy2017</p>
<p>re Prop 13…I think older folks can do a one-time move and still get a lower tax. this is to help move empty-nesters out of big family homes.</p>
<p>I’ll see if I can find the details. My parents never used it because they wanted to keep their big family home …and their prop 13 taxes were about 600 a year. But, I do know older folks who did use that option.</p>
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<p>sounds good, but really, many retirees cant afford 5k per year in prop taxes. most retired couples have incomes of less than 50k…they cant be spending 10% or more of their limited dollars on property taxes. (and $10k-20k in property taxes is INSANE unless you are very affluent and living in a mini-mansion)</p>