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Old 04-20-2005, 08:31 PM  
cool1g
Confirmed User
 
Join Date: Sep 2002
Location: Hollyweird adjacent
Posts: 977
CA actually has below average RE taxes compared to the rest of the country. The taxes are set at 1.0% of the price you paid, with annual maximum increases of 2.0%. (there can be some direct assessments added on top but those usually aren't too much).

Hence, the $800K house mentioned above can't have higher base than $8000 per year...with maybe a couple of hundred extra for direct assessments.
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