Guidant Financial Group Blog

For the first time in more than 30 years, California has announced that it will be re-assessing the property values to account for properties that have experienced deflated values (see California to Use Deflation in Assessing Property Taxes).
We think we can hear the communal sigh of relief even all the way up here in Seattle!

Finally, some good news for California residents and investors! In the last couple years we have had many clients pursue real estate investments in the Golden State, regardless of high LLC taxes, sliding property values and devastating forest fires. In fact, California is one of the top states in which we have clients.

We are always happy to hear that governments and other municipalities are taking into consideration the state of the economy. But, this resonates with us even more. We are proud of our California clients and their boldness to purchase a real estate IRA – it’s time they received a break!

Go boldly, California investors. The tide may be turning!