Having a higher mortgage can be a huge tax benefit and one of the major benefits associated with real estate ownership. When you are purchasing a new home, it is important to understand the tax ramifications associated with it. The California property tax is approximately 1.25% of the sale price of your new property. This may vary according to the local bonded indebtedness in your area. 

Be sure to contact us if you have additional questions and enjoy the real estate tax resources below.

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