California property tax for second homes and rentals
2 sourced points for California, each linked to the official page it comes from.
- Rentals and vacation homes don't qualify for the homeowners' exemption. boe.ca.govOct 21
- Under Proposition 13, property is reassessed to market value only when it changes owner or has new construction. Otherwise yearly increases in real property's base year value are generally limited to 2 percent. boe.ca.govOct 21