Black and Latinx households pay higher property taxes. Why? And how does this impact California’s housing market?
The unequal property tax burden on Black and Latinx households
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Tax Benefits of Ownership
Learn what drives your clients by learning the profit tax implications of real estate transactions. Stay current on the latest news, videos, forms, and updates for Tax Benefits of Ownership.
Recent updates to the course e-book
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
The cost of a home office deduction
What qualifies a real estate licensee to write off home office expenses?
POLL: Are real estate agents permitted to give their clients advice on the tax aspects of a transaction?
This poll will close on November 25, 2019.
How 2018 tax changes impact California homeowners
In 2017, the Republican Tax Plan made numerous changes to how everyone reports, deducts and pays taxes for income earned in 2018. As this year’s tax season comes to a peak, homeowners are finally starting to feel the 2018 changes. Changes to itemized, standard...
Today’s homebuyers are wealthier than their new neighbors by necessity
New buyers tend to be wealthier than their neighbors.
Tax Benefits of Ownership: Proposition 13 and the transfer of assessed value to a replacement residence
This excerpt from the forthcoming edition of Tax Benefits of Ownership delves into the basics of property taxes, 1979’s aging Proposition 13, and a residence purchased as replacement property.
Property tax refunds may now be initiated by the county
An individual’s rights to a property tax refund have expanded in 2019.
Same-sex partnerships excluded from property transfer reassessments
Some same-sex couples may reverse their property tax reassessments after a change in ownership.
The impacts of the SALT deduction cap in California, one year later
In California, this tax change is going to result in many residents paying significantly higher tax bills.