lower property tax in california

every year, there are some houses sold for really cheap price.  The real estate agents say that they are not regular sales.  Does anyone know how property tax is determined for these houses?  With Prop 13, it potentially can be a huge saving.

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property tax will be based on the sold price. -laoyangdelp- 給 laoyangdelp 發送悄悄話 laoyangdelp 的博客首頁 (0 bytes) () 02/16/2012 postreply 11:13:49

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