Adding toddler children to investment property title - CA

[Anurag D.]

> Context: Recent CA change - investment properties would be based on current market value, once child inherits the property.

> Query:

1. Could infant/toddler children be added to purchased property that is to be used as investment rental property/primary home.

2. If allowed, will it generate a tax-event for children who have ZERO income, and NO W2.

> Need to know:

-> One child is added along with father and mother in investment property title, once property is purchased.

-> Once child inherits the property a few decades later, Property Tax based on prevailing market value for child’s (one-third) share will NOT increase, as child already owns his share.

Am I missing out something?

Thanks.

> Property Location: CA/TX/GA

> Property Type: Investment rental property (SFH etc..)