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Realtor®Real Estate services for Westlake Village, Agoura Hills, Thousand Oaks, Oak Park, North Ranch, Lake Sherwood, Wood Ranch, Moorpark & Calabasas |
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Realtor® Real Estate services for Westlake Village, Agoura Hills, Thousand Oaks, Oak Park, North Ranch, Lake Sherwood, Wood Ranch, Moorpark & Calabasas |
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CALIFORNIA TAXES California levies both property taxes and a state income tax. California property tax amounts to 1% of the purchase price. Local governments can assess up to another .25%. Annual property tax increases are limited to no more than 2%; they are not based on a reassessment of the value of your property. This low tax rate was established in the late 1970s by Proposition 13. Subsequent legislation—Propositions 60 and 90—may provide a tax savings to homeowners 55 and over who are moving between certain counties within California. California state income tax is based on your taxable income. For a calculation, see the Franchise Tax Board’s Automatic Tax Table.
Understanding: Supplemental Property Taxes |
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Sher Hann provides real estate services including the buying and selling of fine homes, estate properties and luxury California golf homes in the following Conejo Valley communities: Agoura Hills, North Ranch, Lake Sherwood, Westlake Village, Thousand Oaks, Oak Park, Wood Ranch, Moorpark and Calabasas. Contact Sher Hann at (805) 906-1001.
Ewing & Associates / Sotheby's International Realty - 29020 Agoura Rd. ,
Suite A-2 - Agoura Hills , CA 91301; |
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