Found 1 blog entry tagged as California Property Taxes.

Tips for Avoiding Property Tax Reassessment in CAAs fellow Californians, The Lund Team understands the concerns expressed by the residents of Carlsbad and the surrounding communities regarding property tax bill increases related to assessments, as well as the need to protect your property against them, when possible. Currently, homeowners in California pay taxes equal to 1.00 -1.25% of the assessed value of their property, at the time of purchase.

Determining the assessed value of the property is the job of the county assessor’s office, who computes the tax amount based on the current market value when ownership changes occur, as well as a yearly inflation-based increase that cannot exceed 2% of the assessed value of the previous year.

Changes Equal Higher Tax Bills

In addition to inflation, tax…

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