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re: Daughter's So Cali mortgage went up about $500. mo due to tax increases. Crazy.

Posted on 7/6/19 at 9:11 am to
Posted by Jack Prenderville
Atlanta
Member since Jul 2019
183 posts
Posted on 7/6/19 at 9:11 am to
Thought property taxes were capped in California and only change when the home is sold?
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35510 posts
Posted on 7/6/19 at 9:28 am to
quote:

Thought property taxes were capped in California and only change when the home is sold?
Apparently they are capped at a 2% increase per year.
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