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
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (8,873+)
Nicole Holcomb Property Tax Avoidance in California
11 February 2024 | 6 replies
First, assuming the property is or was held in parent's trust, the successor trustee and transferee(s) need to file for a parent/child exclusion to avoid reassessment.
Victoria Britton Advice on buying parents house
11 February 2024 | 13 replies
Would we somehow also be able to benefit from preposition 19's parent to child transfer?
Daniel Bither Property transfer & taxes
11 February 2024 | 7 replies
They call this the parent-child (intergenerational) transfer exclusion. 
Owen Schwaegerle Prop 19 and Property Taxes in California for Inherited Property
11 February 2024 | 37 replies
Prop 19 gets rid of the parent-child exclusion in a huge way that will hurt long term real estate investors. 
Kristen Chuy Newbie trying to navigate off-market purchase from parent
11 February 2024 | 2 replies
I’ve been trying to find more info on if I would qualify for the parent-child tax exclusion through Prop 19.
Johnite Ryen Aguirre De Jesus Any input would be greatly appreciated!
11 February 2024 | 6 replies
Current CA property tax laws allow prop 13 tax base (reduced property tax) if property was home of your parents and will be occupied by a child.  
Aaron Rosenberg Massive losses, no deduction. Can a CPA please say it ain't so?
11 February 2024 | 12 replies
The W2 income is high through marriage; it is two W2s and a child deduction.  
Becca F. LLCs and possibly losing step up basis
11 February 2024 | 8 replies
If I had my properties in a Wyoming LLC for anonymity and the property can't be traced back to me as the parent, aren't my kids inheriting this property through a business, the LLC (losing the parent-child transfer)? 
Ryan Espinosa Seeking Property Tax professional
11 February 2024 | 6 replies
Since the home was owned by my grandmother, inherited by my mother, gifted to me, how does that effect my tax base as it relates to parent > child exclusion?
Caroline Gerardo Many Times I Said Don't Waste Your Money on LLC Vesting. Now this:
11 February 2024 | 30 replies
Holding a home in joint tenancy with a spouse, the surviving spouse retains the original cost basis on 50% of the home instead of getting a step-up in basis on the entire homeIf you own a home with your child as joint tenants, your child will only receive a step up in basis on your half of the value of the home when you die, this is another complex layer...