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Prop 60 and 90 are state of California propositions regarding real property tax basis.

If either spouse is over 55, prop 60 allows keeping of the same tax basis when trading down within the same county. Prop 90 allows but does not require a county to accept the prop 13 tax basis from another county.

Assuming a tax basis of $160,000 and a selling price of $700,000 then if the replacement property is equal to or less than $700,000 and meets either prop 60 or prop 90 requirements then the new tax basis would be $160,000. This does not mean that the property taxes will be identical. Each county and city has their own additional fees and bonds that increase the property taxes over the prop 13 basis.

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