With the collapse of the sub-prime mortgage back securities, and the reverberations in other other mortgage back securities, it might be time to sell and buy homes. However, as the prices continue to be high, developing an understanding of California tax laws might be necessary. Some resources follow:
1. California Board of Equalization
2. California Counties (Counties have detailed property tax break downs and much more.)
3. County Assessors
4. Clerks to the Board of Supervisors
5. Recorder Clerks' Offices
6. County Treasurers and Tax Collectors
Property taxes can be a huge burden when houses are traded at higher and higher prices. Of course property tax collectors like that.
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