Friday, September 07, 2007

Prop 60 Tax Base Transfers

While Santa Cruz County allows Prop 60 transfers of a qualifying property tax basis from one Santa Cruz County property to another, it does not accept transfers from outside the county. For example, you can not transfer your basis from San Mateo County into Santa Cruz County. You can however transfer it within San Mateo County or into one of the other counties which accept inter-county transfers. Please contact me at frank@frankmurphy.net if you would like to receive the "Prop 60 Tax Base" brochure prepared by the Santa Cruz County Assessor's Office for a list of counties which accepted transfers when this brochure was prepared. You need to check the current status with any county you intend to transfer into to be sure they still accept transfers.

I hope this information proves helpful for you.

And remember, if you need any information about any real estate issues I will be glad to help provide resources for that info.

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