Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

285
Posts
98
Votes
Alex Shaughnessy
  • Real Estate Investor
  • Spring Valley, CA
98
Votes |
285
Posts

real estate taxes california

Alex Shaughnessy
  • Real Estate Investor
  • Spring Valley, CA
Posted

Good afternoon. I was wondering when running numbers for potential properties how the taxes work. I watch Brandon on the webinar use the county website and whatnot. however, I was under the impression taxes were based on value that the property was bought for and gradually go up. So when you buy it from that seller, don't they get reassessed for a higher amount? (assuming you are buying from someone who bought the property awhile ago).

example. I am looking at a property that was bought in the 80s. its current taxes is $900 (great for san diego). however, if I purchase it at its current price, wouldn't they go up significantly?

  • Alex Shaughnessy
  • Loading replies...