Newport Coast: Opportunities and the pitfalls surrounding Propositions 60, 90 and 58

On November 7, 2018 Tim Lappen presented to the invitees of Newport Beach luxury home broker Lee Ann Canady at an event in Newport Coast on the opportunities and the pitfalls surrounding Propositions 60, 90 and 58 — the rules which allow seniors the ability to keep their old property taxes when they move (Prop 60), even between certain counties in California (Prop 90) and to the rule regarding the transfer of a primary residence between parent and child by sale, gift or inheritance to not trigger a reappraisal for property tax purposes (Prop 58).