Is there a higher property tax rate for "secondary" homes in California?

May 27th, 2010 | by admin |

If I own two residential properties in California, will the property tax rate be the same for both homes or will the secondary home carry a higher tax rate?

You lose the homestead credit but that’s about it. That does not do much for you in CA — it’s only worth about $50 or so for the typical homeowner in an owner-occupied residence. Otherwise the property taxes are the same whether owner-occupied or rented out to tenants.

  1. 3 Responses to “Is there a higher property tax rate for "secondary" homes in California?”

  2. By Bostonian In MO on May 27, 2010 | Reply

    You lose the homestead credit but that’s about it. That does not do much for you in CA — it’s only worth about $50 or so for the typical homeowner in an owner-occupied residence. Otherwise the property taxes are the same whether owner-occupied or rented out to tenants.
    References :

  3. By Max Hoopla on May 27, 2010 | Reply

    Sort of. You are entitled to a homestead exemption on your principal residence. This will reduce your property tax by about $70. Other than that regular tax rates apply.
    References :

  4. By tro on May 27, 2010 | Reply

    any home you claim to own in Calif. has a property tax assessed by the county it is in, and has no bearing on the use of it, as a primary, secondary or rental, there is no distinction
    and no, each house will have a different tax base and rate
    References :

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