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Politics : BuSab
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To: TimF who wrote (11163)12/24/2011 11:11:15 AM
From: Neeka   of 23934
 
I don't understand the law in Cali. If a parent passes their home down to a child, is the home's value reassessed for tax purposes?

demanding the names of residents who transferred property to their children or grandchildren for little or no money, from 2005 to 2010. The IRS wants those names as part of a crackdown on what it believes is the widespread failure to file required tax returns when real property is passed between family members. …
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