You may call the Assessor's Office at the number below for more specific information. 2022/046 Notice of Publication of Notice of Proposed Regulatory Action for California Code of Regulations, Title 18, Section 462.540, Letter to Assessors No. Letter to Assessors No. MRx.fT,vszYsC Hag`
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Homeowners' Exemption *If the date falls on a weekend or holiday, the deadline is extended to the next business day. If you wish to file a claim for Prop 60/90, you may print the Prop 60/90 - Claim of Persons at Least 55 Years of Age for Transfer of Base Year Value to Replacement Dwelling - BOE60AH.pdf and submit it to our office. This is a free service provided by the Assessors Office., To verify that you are receiving your Homeowners' Exemption, review Under Proposition 19, a homeowner may qualify for the base year value transfer under any one of the three categories listed; the homeowner does not need to meet all three categories in order to qualify. The undersigned certify that, as of June 18, 2021, the internet website of the California State Board of Equalization is designed, developed and maintained to be in compliance with California Government Code Sections 7405 and 11135, and the Web Content Accessibility Guidelines 2.1, Level AA success criteria, published by the Web Accessibility Initiative of the World Wide Web Consortium. tax savings of approximately $70.. 0 0 10.932 12.42 re provided the owner continues to occupy the property as the principal Related Articles Even though you may own only a partial interest in the replacement home, you will be able to transfer your base year value to the entire replacement home. This is a California Counties and BOE website. AE}+&&6B@St,m*5z (Exclusion will be applied prospectively if filed after 1-year period.) ET Depending on your state, you may be able to protect $5,000 - $500,000 of your principal residence's value. assessed value of your residence. Letter to Assessors No. The homeowner's exemption form is due by February 15th or the 30th day following the date of the . The base year value transfer under Proposition 19 is not dependent on the date of the disaster. View 6210 Crest Ave, Riverside, CA 92503 property records for FREE including property ownership, deeds, mortgages, titles & sales history, current & historic tax assessments, legal, parcel & structure description, land use, zoning & more. Alert from California State Board of Equalization. CLAIM FOR HOMEOWNERS' PROPERTY TAX EXEMPTION.
Information needed to completed each form section. Claim for homeowners' property tax exemption riverside county.
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her legal representative may sign this claim. Samantha Gowen is the business editor for the Southern California News Group. clarification. For more information, please call the Assessors Office at To be eligible, the property sold must be within the state of california and the property purchased must be within riverside county. Once an application has been filed and granted, the Homeowners' Exemption will continue as long as you own and occupy the same residence. No. BROWSE COUNTY OF LAKE (CA) FORMS What Are the Typical Property Tax Exemptions? You may already be receiving the exemption. = Compliance with State of California Web Accessibility Standards. CLAIM FOR HOMEOWNERS' PROPERTY TAX EXEMPTION Other Years GENERAL INSTRUCTIONS Each PDF form contains state (BOE) issued form-specific instruction pages, those instruction pages can be found at the end of the form PDF file. endstream
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427) added sections 63.2 and 69.6 to the Revenue and Taxation Code to implement the provisions of Proposition 19. Please download each form by clicking on the download button and proceed as per instructions to fill each form with the proper information listed in the instruction pages. This results in an annual property
Exemptions - California State Board of Equalization As long as the date of transfer or change in ownership of real property between parent and child occurs on or before February 15, 2021, the transfer will qualify for the exclusion under. Thus, as long as all other qualifications have been met, you are still entitled to the exclusion, with an adjusted taxable value to account for the excess over the value limit. Assessor-County Clerk-Recorder. automatically receive the exemption in future years., If you pay property taxes on your manufactured home and it does not Mozilla Firefox
. hbbd```b``?A$(-&/I$, No individual data or information is maintained at this site or can be accessed through this site. If I miss the Homeowners' Exemption deadline, is there any provision for granting the exemption for prior years? Only property tax related forms are available at this site.
Homeowners Property Tax Exemption Riverside County Property owners who occupy their homes as their principal place of residence on January 1 may be eligible for an exemption. The original home's adjusted full cash value equals $400,000 X 105% = $420,000. It is highly encouraged that you consult an attorney for advice specific to your situation. How will the IRS know if you qualify? When contacting or e-mailing the Assessor's Office please provide the property address and assessor's parcel number. To assist taxpayers, the following tabs provide general information on Proposition 19. As a courtesy, our office will mail a Claim for Homeowners' Property exemption. 0i"MktE$%,Q"b@dPdSgm oa 0+E"`&`H, S 1 1 8.932 10.42 re Claim for Transfer of Base Year Value to Replacement Primary Residence for Severely Disabled Persons, Claim for Transfer of Base Year Value to Replacement Primary Residence for Victims of Wildfire or Other Natural Disaster, Residence and homesite (excess land may be excluded as "other property"), Principal residence of transferor and transferee, Value limit of current taxable value plus $1,000,000 (as biennially adjusted), Transferor lifetime limit of $1,000,000 of factored base year value, Eliminates exclusion for other real property other than the principal residence, Parent(s) of grandchild, who qualifies as child(ren) of grandparent, must be deceased on date of transfer, No change: parent(s) of grandchild, who qualifies as child(ren) of grandparent, must be deceased on date of transfer, File claim within 3 years or before transfer to third party, File for homeowners' exemption within 1year of transfer, File claim for exclusion within 3 years or before transfer to third party, Revenue & Taxation Code section 63.1 (implements Propositions 58/193), Revenue and Taxation Code section 63.2 (implements Proposition 19), Purchase or newly construct residence within 2 years of sale, 100% if replacement purchased/newly constructed prior to sale, 105% if replacement purchased/newly constructed in first year after sale, 110% if replacement purchased/newly constructed in second year after sale. 2021/054 California Code of Regulations, Title 18, Public Revenues, Property Tax Rule 462.520, Letter to Assessors No. exemption of approximately $70. f Do I need to file each year for the Homeowners' Exemption program? According to California State Law, Homeowners' Exemptions cannot It is not intended to be a legal interpretation or official guidance or relied upon for any purpose, but is instead a presentation of summary information.
PDF CLAIM FOR HOMEOWNERS' PROPERTY TAX EXEMPTION - Tehama County The Assessor will automatically send exemption applications to new homeowners. 2022/012, Implementation of Proposition 19 Intergenerational Transfer Exclusion, Proposition 19 Fact Sheet (as of April 1, 2022), Proposition 19 Fact Sheet in Spanish (Proposicin 19 Hoja Informativa), Proposition 19 Fact Sheet in Chinese (19 ), Taxpayers' Rights Advocate Office's Information Sheets on Property Tax Savings, Proposition 19 Analysis and Implementation Planning Matrix, Listing of County Assessors, Auditors and Auditor-Controllers, Clerks of the Board, and Tax Collectors, Change in Ownership Frequently Asked Questions, Property Tax Bill Frequently Asked Questions, California Department of Tax and Fee Administration, Intergenerational Transfers of Real Property: Base Year Value Transfers, Change in Ownership: Inheritance Exclusion, Taxable Value Transfers: Disclosure and Deferment, Claim for Disabled Veterans' Property Tax Exemption, Within 1 year from date of death or transfer. This results in an annual Property Tax savings of approximately $70. For example, a family home has a factored base year value (FBYV) of $300,000 and a fair market value of $1,500,000. This can allow you to save even more on property taxes. The new deadline of Oct. 16 applies to California and federal individual and business tax returns and payments. Microsoft Edge
To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located. The claim form, BOE-266, Claim for Homeowners' Property Tax Exemption, is available from the county assessor. Former Mililani High athletic director indicted, Hawaii police departments offer big incentives as competition for new recruits heats up, 'The Other Side of Paradise' with Lynn Kawano, KHNLPUBLICFILE@HAWAIINEWSNOW.COM (808) 847-3246, KGMBPUBLICFILE@HAWAIINEWSNOW.COM (808) 847-3246, KFVEPUBLICFILE@HAWAIINEWSNOW.COM (808) 847-3246, KSIXPUBLICFILE@HAWAIINEWSNOW.COM (808) 847-3246, KOGGPUBLICFILE@HAWAIINEWSNOW.COM (808) 847-3246. 2023/009 California Code of Regulations, Title 18, Property Tax Rules 462.520 and 462.540 Emergency Action, Proposition 19 Initial Interpretational Questions and Answers. Homeowners' Exemption applications are not available on-line. Thus, the transfer of a rental home between parents and children would not qualify for the exclusion. This budget is reflective of our sense of priority in where best to invest in the future of Oahu and its people, said Honolulu Mayor Rick Blangiardi, at a news conference on Thursday morning. The list of counties includes Los Angeles, Orange, San Bernardino and Riverside in addition to 37 others. 7.8694 TL 3306 0 obj
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A handful of states, including New Jersey, don't offer any homestead exemption. exemption; it is also the property owners responsibility to terminate 1 1 8.932 10.42 re Search for BOE or county forms by entering part or a complete name of the form(s) you are looking for. Try these local numbers instead, IRS nominee Danny Werfel faces Senate committee questioning on thankless job, IRS says it will not tax Californias Middle Class Tax Refund, To tax or not to tax? The Homeowners' Exemption provides for a maximum reduction of $7,000 off the assessed value of your residence. Details of any requiements needed to file the given form. Is there a fee for filing a Homeowners' Exemption application with the Assessor's Office? You can also call and . Property Tax Exemption Claim (Vessels). pageLanguage: 'en'
2022/035 California Code of Regulations, Title 18, Public Revenues, Emergency Action, Property Tax Rules 462.520 and 462.540, Letter to Assessors No. No individual data or information is maintained at this site or can be accessed through this site. Information needed to completed each form section. Q Tax Exemption application whenever there is a purchase or transfer of TzqK8?,xhl??}b{n[\E"JgQML'
You may also request that one be mailed to you by calling our office If a replacement home is purchased in the first year after the sale for a full cash value of $600,000, then 105 percent of the full cash value of the original home is compared to the full cash value of the replacement home. Thus, the law in effect as of the date of death will apply.
year thereafter, are eligible for the exemption. W The total amount of property tax that George owes is calculated like this: 100% of the market value of his house is . If you purchase the replacement home prior to selling your original home, you will be responsible for property taxes based on the full fair market value of the replacement home for the period between the date of purchase and date of sale. Detailed expalanations of each sections of the form required information. The excluded amount under Proposition 19 is $1,300,000 ($300,000 + $1,000,000 = $1,300,000).
CAA e-Forms Service Center - Riverside: BOE-266 The value limit under Proposition 19 is the sum of the factored base year value plus $1 million. The law does not require the claimant to be the sole owner of the replacement dwelling. BT Each PDF form contains state (BOE) issued form-specific instruction pages, those instruction pages can be found at the end of the form PDF file. A new owner must file a claim even if the property is already receiving the homeowners' exemption. endstream
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2022/005 California Code of Regulations, Title 18, Public Revenues, Property Tax Rule 462.540, Letter to Assessors No. Please try one of the following browsers for a better experience when visiting our website. Note: Please visit the California Legislative Information website for the latest updates on legislation. endstream
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Any deadlines associated with each form fillling timeline if a deadline exists. %%EOF
Late filing is from February 16 to 2022/026 Notice of Adoption of Emergency Amendments to and Publication of Notice of Proposed Emergency Action for California Code of Regulations, Title 18, Section 462.520. If the replacement home is of equal or lesser value than the original home, then the original home's factored base year value may be transferred to the replacement home without any value adjustment. hbbd```b``^"H R `r=6 XD "YT"5`"=H@i`sI $Al vL 1LHd ,3X0$30` G
Copyright 2023 e-Forms Network Group and California Assessors' Association (CAA), CLAIM FOR TRANSFER OF BASE YEAR VALUE TO REPLACEMENT PRIMARY RESIDENCE FOR PERSONS AT LEAST AGE 55 YEARS, CERTIFICATION OF VALUE BY ASSESSOR FOR BASE YEAR VALUE TRANSFER, CLAIM FOR TRANSFER OF BASE YEAR VALUE TO REPLACEMENT PRIMARY RESIDENCE FOR SEVERELY DISABLED PERSONS, CLAIM FOR REASSESSMENT EXCLUSION FORTRANSFER BETWEEN GRANDPARENT AND GRANDCHILD OCCURRING ON OR AFTER FEBRUARY 16, 2021, CLAIM FOR REASSESSMENT EXCLUSION FORTRANSFER BETWEEN PARENT AND CHILD OCCURRING ON OR AFTER FEBRUARY 16, 2021, CLAIM FOR TRANSFER OF BASE YEAR VALUE TO REPLACEMENT PRIMARY RESIDENCE FOR VICTIMS OF WILDFIRE OR OTHER NATURAL DISASTER, CLAIM FOR REASSESSMENT EXCLUSION FOR TRANSFER BETWEEN PARENT AND CHILD, CLAIM FOR REASSESSMENT EXCLUSION FOR TRANSFER FROM GRANDPARENT TO GRANDCHILD, CLAIM OF PERSON(S) AT LEAST 55 YEARS OF AGE FOR TRANSFER OF BASE YEAR VALUE TO REPLACEMENT DWELLING (INTRACOUNTY AND INTERCOUNTY, WHEN APPLICABLE), NOTICE OF RESCISSION OF CLAIM TO TRANSFER BASE YEAR VALUE TO REPLACEMENT DWELLING, DISABLED PERSONS CLAIM FOR TRANSFER OF BASE YEAR VALUE TO REPLACEMENT DWELLING (INTRACOUNTY AND INTERCOUNTY, WHEN APPLICABLE), CLAIM FOR REASSESSMENT REVERSAL FOR LOCAL REGISTERED DOMESTIC PARTNERS, REASSESSMENT EXCLUSION FOR TRANSFER OF CORPORATION STOCK FROM PARENT TO CHILD, DISABLED PERSONS CLAIM FOR EXCLUSION OF NEW CONSTRUCTION FOR OCCUPIED DWELLING, CLAIM FOR DISABLED ACCESSIBILITY CONSTRUCTION EXCLUSION FROM ASSESSMENT FOR ADA COMPLIANCE, CLAIM FOR SEISMIC SAFETY CONSTRUCTION EXCLUSION FROM ASSESSMENT, INITIAL PURCHASER CLAIM FOR RAIN WATER CAPTURE SYSTEM NEW CONSTRUCTION EXCLUSION, INITIAL PURCHASER CLAIM FOR SOLAR ENERGY SYSTEM NEW CONSTRUCTION EXCLUSION, CLAIM FOR TRANSFER OF BASE YEAR VALUE FROM QUALIFIED CONTAMINATED PROPERTY TO REPLACEMENT PROPERTY, CLAIM FOR INTRACOUNTY TRANSFER OF BASE YEAR VALUE TO REPLACEMENT PROPERTY FOR PROPERTY DAMAGED OR DESTROYED IN A GOVERNOR-DECLARED DISASTER, CLAIM FOR INTERCOUNTY TRANSFER OF BASE YEAR VALUE TO REPLACEMENT PROPERTY FROM PRINCIPAL RESIDENCE DAMAGED OR DESTROYED IN A GOVERNOR-DECLARED DISASTER, CLAIM FOR BASE YEAR VALUE TRANSFER-ACQUISITION BY PUBLIC ENTITY, EXEMPTION OF LEASED PROPERTY USED EXCLUSIVELY FOR LOW-INCOME HOUSING, SUPPLEMENTAL AFFIDAVIT FOR BOE-236 HOUSING LOWER-INCOME HOUSEHOLDS ELIGIBILITY BASED ON FAMILY HOUSEHOLD INCOME (YEARLY FILING), SUPPLEMENTAL AFFIDAVIT FOR BOE-237 HOUSING LOWER-INCOME HOUSEHOLDS ELIGIBILITY BASED ON FAMILY HOUSEHOLD INCOME (YEARLY FILING), CERTIFICATE AND AFFIDAVIT FOR EXEMPTION OF WORK OF ART, CERTIFICATE AND AFFIDAVIT FOR EXEMPTION OF CERTAIN AIRCRAFT, CLAIM FOR EXEMPTION FROM PROPERTY TAXES OF AIRCRAFT OF HISTORICAL SIGNIFICANCE, SERVICEMEMBERS CIVIL RELIEF ACT DECLARATION, CLAIM FOR DISABLED VETERANS' PROPERTY TAX EXEMPTION, DISABLED VETERANS' EXEMPTION CHANGE OF ELIGIBILITY REPORT, CHURCH EXEMPTION PROPERTY USED SOLELY FOR RELIGIOUS WORSHIP, OWNERSHIP STATEMENT COOPERATIVE HOUSING CORPORATION, CLAIM FOR WELFARE EXEMPTION (FIRST FILING), WELFARE OR VETERANS' ORGANIZATION EXEMPTION ASSESSOR'S FINDING ON QUALIFICATION OF PROPERTY USE, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, HOUSING ELDERLY OR HANDICAPPED FAMILIES, ELDERLY OR HANDICAPPED FAMILIES FAMILY HOUSEHOLD INCOME REPORTING WORKSHEET, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, HOUSING LOWER INCOME HOUSEHOLDS, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, LOW-INCOME HOUSING PROPERTY OF LIMITED PARTNERSHIP, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, HOUSING LOWER INCOME HOUSEHOLDS TENANT DATA, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, HOUSEHOLDS EXCEEDING LOW-INCOME LIMITS "OVER-INCOME" TENANT DATA (140 PERCENT AMI), LOWER INCOME HOUSEHOLDS FAMILY HOUSEHOLD INCOME REPORTING WORKSHEET, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, ORGANIZATIONS AND PERSONS USING CLAIMANT'S REAL PROPERTY, WELFARE EXEMPTION SUPPLEMENTAL AFFIDAVIT, REHABILITATION LIVING QUARTERS, RELIGIOUS EXEMPTION CHANGE IN ELIGIBILITY OR TERMINATION NOTICE, CLAIM FOR VETERANS' ORGANIZATION EXEMPTION, VETERANS' ORGANIZATION EXEMPTION ASSESSOR'S FIELD INSPECTION REPORT, EXHIBITION EXEMPTION CLAIM FROM PROPERTY TAXES, CHANGE IN OWNERSHIP STATEMENT DEATH OF REAL PROPERTY OWNER, CHANGE IN OWNERSHIP STATEMENT OIL AND GAS PROPERTY, MUTUAL OR PRIVATE WATER COMPANY PROPERTY STATEMENT, AGGREGATE PRODUCTION REPORT (INCLUDES SAND, GRAVEL, STONE, LIMESTONE, CLAY AND SIMILAR PRODUCTS), MINING PRODUCTION REPORT (INCLUDES DIATOMITE, IRON, RARE EARTHS, GOLD, TALC, TUNGSTEN, AND OTHER MINERALS), DRY GAS PRODUCTION, EQUIPMENT, NEW WELL, REDRILL AND REWORK REPORT, OIL, GAS, AND GEOTHERMAL PERSONAL PROPERTY STATEMENT, SUPPLEMENTARY SCHEDULE TO THE BUSINESS PROPERTY STATEMENT - AIRCRAFT COST REPORT, SUPPLEMENTARY SCHEDULE TO THE BUSINESS PROPERTY STATEMENT - AIRCRAFT VALUE COMPUTATION, SUPPLEMENTAL SCHEDULE FOR REPORTING MONTHLY ACQUISITIONS AND DISPOSALS OF PROPERTY REPORTED SCHEDULED B OF THE BUSINESS PROPERTY STATEMENT, REGISTERED AND SHOW HORSES OTHER THAN RACEHORSES, HORSE PROPERTY STATEMENT (OTHER THAN RACEHORSES), ALTERNATE SCHEDULE A FOR BANK, INSURANCE COMPANY, OR FINANCIAL CORPORATION FIXTURES, AFFIDAVIT FOR 4 PERCENT ASSESSMENT OF CERTAIN VESSELS, APPLICATION FOR DEDUCTION OF VEHICLES' LICENSE FEES FROM PROPERTY TAX. A new owner must file a claim even if the property is already receiving the homeowners' exemption. Claim for Disabled Veterans' Property Tax Exemption or Claim for Homeowners' Property Tax Exemption: Within 1 year from date of death or transfer. We strive to provide a website that is easy to use and understand. Effective September 30, 2021, Senate Bill 539 (Stats. The claim form, BOE-266, Claim for Homeowners' Property Tax Exemption, is available from the county assessor. You may also download the application from the Forms tab,
IRS and California extend tax filing deadline to mid-October Riverside County Property Tax Exemption - blacktop.za.com This claim may be used to file for the Homeowners' Exemption for the Assessment Roll and the Supplemental Assessment Roll. 0.749023 g Types of Assessment Appeals and Filing Deadlines: Regular roll appeals: July 2 through November 30 of each year at 5:00 p.m.*. Letter to Assessors No. Property owners who occupy their homes as their principal place of residence on January 1, and each year thereafter, are eligible for the exemption. A new owner will automatically receive an exemption claim form in the mail and there is no cost to file. The Homeowners' Exemption provides for a reduction of $7,000 off the assessed value of your residence. California State Law permits only one Homeowners' Exemption per resident. An inherited property may be considered an original home for purposes of the Proposition 19 base year value transfer, as long as you own and occupy the home as a principal residence either at the time of sale or within two years of the purchase or new construction of your replacement home. and many more please download the PDF form for see those instruction pages. 5062 w linebaugh ave tampa fl 33624; Source: prfrty.blogspot.com 10 positive effects of technology 10 positive effects of technology Claim for homeowners' property tax exemption riverside county. Homeowners can call the Assessor's Exemption Unit at (408) 299-6460 or e-mail the Assessor's Office at Exemptions@asr.sccgov.org . the year. Letter to Assessors No. prior years. December 10 to receive 80% of the exemption (approximately $56). Property Tax Exemption Claim Instructions The. (But, see answers to Base Year Value Transfer FAQ #4 and Parent-Child and Grandparent-Grandchild Transfer FAQ #1 and #8.). State law requires Social Security Numbers in order to ensure that
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Property Tax Exemptions: Who Qualifies? | Rocket Mortgage Please include as much information as possible.
Please carefully read the information and instructions before answering the questions listed below.
Riverside County Assessor - County Clerk - Recorder - Tax Savings for any of our availableBranch Offices. Late BOE-266 (P3) REV. Tired of Middle Class Tax Refund phone tree? 0.749023 g Homeowners' Exemption claimants are responsible for notifying the assessor when they are no longer eligible for the exemption. 2021, ch. Since the replacement home was purchased (1) on or after April 1, 2021, and (2) within two years of the sale of the original home (in this case, on or before June 1, 2022), the timing requirements for the base year value transfer have been met. Starting in July, the city said more than 151,000 homeowners on Oahu will be eligible for the one-time, $300 tax credit.