I have been asked a few times over the last month about California Proposition 60. Because it is a "tax relief" amendment to California's Revenue & Taxation Code, and I am not a CPA, I am not going to attempt to explain it or how it works in any detail. Here is a link to where you can research it to see if it may apply to you:
http://www.assessor.saccounty.net/general-information/prop13/prop60qa.html#question1
I highly encourage anyone who thinks they qualify to contact a qualified tax/accounting professional.
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