Inheritance clause in Proposition 13 explained

Thursday, June 08, 2017 07:20PM
7 On Your Side's Michael Finney explains how tax rates from Proposition 13 can be inherited by your children and grandchildren.

SAN FRANCISCO - Prop 13 keeps your current property taxes low. But most don't know that your children and grandchildren can inherit that tax break.

Imagine getting a property today, but only paying the property taxes charged 40 years ago.

Watch the video player above for the full story.
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