Oops...forgot about the unspoken double standard...my mistake.Actually this was from a proposition, so it was passed by the "people", but as I understand it was put forth and backed by the realtors association. 

This is also the same logic that exempts most transfers asked about on BP about the "Due On Sale Clause", it's usually a non-issue if prepped correctly.We prep Grant Deeds and Change In Ownership forms to make sure that folks understand the statutory provisions that exempt these feared consequences, so that investors can properly set up their estate plans.

My understanding is, that a parent to child tfr or grandparent to grandchildren tfr (only if all parents of those grandchildren are deceased), or inheritance from parent, may not trigger a reassessment as long as the child/grandchild is using the property as their primary residence. 

Less than $400 and you can have a better understanding than most people that spend thousands on education from some guru with a "proven" system.1.

Our signing process is lengthy and we review all of the responsibilities with our new tenants and ask that they initial each page confirming they have read and understand the rules etc. 

My understanding is, you can only transfer the tax base value (and not get reassessed) for one family home and not on multiple homes.

I understand we would need an attorney for concrete answers but are open to initial ideas.

Prop 19 is relatively new and there is not a lot of resources and guidance about it yet, so you may be having difficulty understanding your options. 

Cost of corp. in CA is high too.Its been challenging finding an attorney that really understands will & trust, many don't even know about POD.

So far, I'm attracted to wholesaling as it seems to be both a simple entry point and a way I can stay debt free.I'm a highly mechanically minded and detailed kind of guy, so understanding property condition and data processing is of no concern for me.