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Showing posts from October, 2019

Transfer of Tax Basis - Alameda County

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October 2019 | Vol. 1 | Issue 3 Did you know  that it may be possible to keep your property tax value when you sell your principal residence and replace it with another home (i.e. no increase in property tax base)? Individuals age 55 and older can transfer the property tax base value on their current principal residence to a replacement dwelling located in Alameda County or in certain other California counties. Facts about Property Tax Base Value Transfers (pursuant to CA R&T Code 69.5): The original property must be your  principle  place of residence at the time of its sale. The replacement property can be purchased within two years (either before or after) of the sale of the original property. You must be age 55 or older when you sell your original residence. For properties with more than one owner, only one of the owners residing at the property must be age 55 or older to qualify for this benefit. This is a one-time benefit with the sole exception that if you received relief fo

SunShares Solar & EV Discount Program - Webinar Tomorrow!

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Are you interested in going solar or purchasing an electric vehicle? Tomorrow, October 9, participate in the Bay Area SunShares Webinar from 12 p.m. to 1 p.m. and learn all about solar for your home, including how to access solar and electric vehicle discounts! The City of Fremont has partnered with Bay Area SunShares to make it easier and more affordable for Fremont residents to install solar power or purchase an electric vehicle using pre-vetted providers. SunShares offers discounts and free workshops for residents to learn more about their clean energy and electric vehicle options. Plus, you can still take advantage of the Federal Tax Credit.  The one-hour webinar will explain how SunShares works, the basics of solar technology, financing and incentives, the benefits of electrifying the whole home, and how to access the discounts. During the webinar, pre-vetted solar providers will be on hand to discuss their products and answer any questions you may have about going

Save Energy, Water and Money in your Home This Fall

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StopWaste and Rising Sun Center for Opportunity, a local nonprofit that helps Bay Area residents conserve resources and address economic inequality, are partnering to provide no-cost Green House Calls to residents throughout the community. Things you might expect during a Green House Call appointment are: A home energy and water efficiency assessment Installation of efficient LED light bulbs, showerheads, and faucet aerators Installation of an Advanced Power Strip  Toilet leak detection test Information about BayREN's (Bay Area Regional Energy Network) Home+ program that offers up to $5,000 in financial assistance and cash rebates for home energy improvements. Sign up for appointment --  Sunil Sethi  /  REALTOR,  Broker, MBA, CPA(inactive), GREEN 38750 Paseo Padre Pkwy #B3, Fremont, CA 94536   www.sunilsethi.com BRE #01173766