PART THREE: Trusts, Intra-Family Loans & Property Tax Benefits in California

California Property Tax Benefits

If you’re looking for a simple probate estate or trust fund cash advance assignment, we suggest looking at the Inheritance Funding company or the Heir Cash Now firm.  On the other hand, of you are looking for an  intra-family loan to an irrevocable trust to nail down long-term low property tax base rate as well as making an inherited sibling property buyout possible, we suggest taking a look at some trust lenders like Commercial Loan Corporation.

They all  have good reviews on Yelp and Google; and the Commercial Loan outfit surprisingly appears to be one of the only California lenders that specializes in assisting Estates, Trust Administrators and Beneficiaries with Proposition 58 equalization loans to achieve a parent to child property tax transfer, achieving a low Proposition 13 tax base, as well as assisting beneficiaries with buying out sibling co-beneficiaries. 

With a firm like this, you can hit the ground running, with 7-day funding, $400,000, $800,000, $1,500,000 – whatever funding you need… with super easy to qualify terms and low rates. Use Prop 58 to buyout sibling property shares along with locking in a low Prop 13 property tax base – this particular firm and their unique trust loan process.  

Like many people  who go down the traditional bank or credit union route to get a loan,  you’re probably tired of all those declines and instead decide to go for a loan to a trust, where your credit is not the be-all-end-all of the matter, nor is your income and financial history.

As long as you’re inheriting real property in the state of California, and you qualify for California Proposition 58 property tax benefits, you should be able to take advantage of the parent to child transfer property tax benefits and completely avoiding property tax reassessment!  You should be able to transfer parents property taxes, when you’re inheriting property taxes connected to the property you’re inheriting from your parents.

It would be wise to do some reading on the subject at an official govt. site, such as https://assessor.saccounty.net/ExemptionExclusion/Pages/ExclusionsMoreInfo.aspx  or at the Website of the premier trust loan firm we mentioned here – that has actually become one of the most popular companies of its’ kind in California, the Commercial Loan Corporation, whose President, Mr. Kerry Smith just about wrote the book on how Proposition 58 and loans to trusts help secure a parents low property tax base on an inherited home.
 
This is precisely how both young and older property owners, residential and commercial property owners… and beneficiaries of all types, get adequately familiar with process issues such as the ability to transfer parents property taxes, when inheriting parents property and inheriting property taxes imposed on those properties; plus the right to keep parents property tax base on an inherited home, under the right circumstances involving property tax transfers of all types, in the light of parent to child transfer or, as your attorney  might refer to it “parent to child exclusion”.

This sort of non traditional financing is still viewed as extraordinary, being that California is still the only state in the union that provides consistent, authentic property tax relief like this.  It’s become fairly obvious that every state in America should have similar property tax relief measures in place for residential and commercial property owners… Especially (and we have stated this previously) as unemployment is impacting tens of millions of Americans, as a direct result of the country still struggling in the midst of an extremely serious Pandemic.

Even though there are “trust fund cash advance” or “probate cash advance” assignments to consider as a financing source, from a standard  inheritance funding company — if one is dealing with buyout issues and looking to lock in a low base forever, in conjunction with the CA  Proposition 58 property tax break, beneficiaries are getting more “bang for the buck” if they use Prop 58 to buyout sibling, or co-beneficiary, property shares; using a trust loan from a niche trust lender, while insuring a low Proposition 13 property tax base.

At the risk of being “non-objective” we advise you to call a firm with a  fast turnaround, low rates, and easy terms…You might start by calling a firm that actually provides all those benefits, such as Commercial Loan Corp, at (877) 464-1066.

1 thought on “PART THREE: Trusts, Intra-Family Loans & Property Tax Benefits in California

  1. Pingback: Prop 58 enables inherited property buyouts - Transferring Property TaxesTransferring Property Taxes

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