January 2016 RSS Feed

Found 4 blog entries for January 2016.



http://ocgov.com/gov/assessor/programs/55plus

Orange County, California - Savings for Seniors on Replacement Home

What is Proposition 60?

Prop. 60 was a constitutional amendment approved by the voters of California in 1986. It is codified in Section 69.5 of the Revenue & Taxation Code, and allows the transfer of an existing Proposition 13 base year value from a former residence to a replacement residence, if certain conditions are met. This benefit is open to homeowners who are at least 55-years old and are able to meet all qualifying conditions, (see below).

How do I qualify for these property tax benefits?
Is it true that only one claimant, out of several co-owners of a replacement dwelling, need be at least 55 as of the…
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FED RAISES ITS KEY INTEREST RATE FROM RECORD LOW NEAR ZERO

BY MARTIN CRUTSINGER
AP ECONOMICS WRITER

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AP Photo/Susan Walsh
 

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WASHINGTON (AP) -- The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some…

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