Prop 13

Mello-Roos Not Tax-Deductible

by Jim the Realtor | Nov 26, 2011 | Mello-Roos, Prop 13, Property Tax Re-Assessment, Tips, Advice & Links

Hat tip to ProfHoff for sending in this update from sfgate.com: Many California homeowners may be surprised to learn that some charges on their property tax bills are not deductible on their income tax return. The Franchise Tax Board is on a mission to get California...

Commercial Prop 13

by Jim the Realtor | May 11, 2010 | Prop 13, Property Tax Re-Assessment

From the U-T: SACRAMENTO, Calif. — Democratic lawmakers are determined to close tax loopholes they say cost state and local governments hundreds of millions of dollars each year, as they search for ways to trim California's enormous deficit. A report by the...