Inheritance clause in Proposition 13 explained

Friday, June 9, 2017
Inheritance clause in Proposition 13 explained
7 On Your Side's Michael Finney explains how tax rates from Proposition 13 can be inherited by your children and grandchildren.

SAN FRANCISCO (KGO) -- 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.