CA vs NV Tax Benefits

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What are the Benefits of Buying Real Estate in California versus Nevada Taxes in Lake Tahoe?

Wednesday, February 16th, 2011 at 1:32am. 2306 Views, 0 Comments.

**This post was dated 2-11-2011 and was transfered from our previous website**

What are the benefits of buying real estate in California versus Nevada taxes in Lake Tahoe?

ca_vs_nv_taxes_lake_tahoe

This has to be the most popular question that's asked of us when buyers are looking at buying a home in Lake Tahoe. 

First off, buying any property is a personal choice.  There are a lot of factors that goes into choosing a property such as the location, the property itself, and the price.

For others, it's about the tax benefits.  Let's look at some of the benefits of buying real estates in California versus Nevada taxes in Lake Tahoe. 

California tax benefits:

  • Property taxes are 1.25% of the purchase price
  • Proposition 13 caps property tax to increase to…

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