SF Assessor: Online Family Wealth Forum on July 18

From the Office of San Francisco Assessor Carmen Chu:

The Office of San Francisco Assessor Carmen Chu would like to invite you to our first Digital Family Wealth Forum, taking place online:

Our office normally hosts a yearly Family Wealth Forum–an event that covers estate planning basics and financial advice for homeowners and business owners. Continue reading “SF Assessor: Online Family Wealth Forum on July 18”

SF Assessor Workshops: Property Tax Savings

In this series of free educational workshops presented by the Office of Assessor Carmen Chu and the SF Public Library, you can find out about Property Tax Savings for Families and Seniors.

The workshops (offered at four different locations) will cover how your property taxes are calculated and share tax savings that you may be eligible for as homeowners in California.

2020 Library Workshop Series

Parkside Branch Library
1200 Taraval Street, San Francisco, CA 94116
Date: Wednesday, February 12, 2020
Time: 7:00 – 8:00 pm
RSVP here

Excelsior Branch Library
4400 Mission Street, SF CA 94112
Date: Wednesday, March 18, 2020
Time: 6:30 – 7:30 pm
RSVP here Continue reading “SF Assessor Workshops: Property Tax Savings”

Have a spare room and want a good tenant? Free matching service

From the Office of San Francisco Assessor Carmen Chu. The Mayor’s Office of Housing and Community Development helps fund this nonprofit service, called Home Match https://homematchsf.org:

Building community one home at a time

Home Match San Francisco helps homeowners with extra rooms connect with home seekers who need an affordable place to live, creating a win-win situation.

Homeowners benefits from extra income or help with chores such as grocery shopping, pet care, or transportation. Home seekers who live, work, or study in San Francisco benefit from affordable rent and an established community. Both benefit from companionship.

Home Match is based on a national model and connects people based on lifestyle, personal preferences, and interests to insure compatibility. Our staff screen applicants through interviews, background checks, and home visits, and help potential matches design a comprehensive Living Together Agreement. And we continue to work with you, even after the match is made, offering on-going support.

Homeowners need to be able to provide the following: Continue reading “Have a spare room and want a good tenant? Free matching service”

SF Assessor: Tax Savings for Seniors

Part of an occasional series of posts with information from the San Francisco Office of the Assessor-Recorder.

From the Office of Assessor Carmen Chu: Tax Savings for Seniors

Many seniors may consider moving to a smaller and more convenient property to live as they grow older. However, buying a new house means they need to pay property taxes at the market value of the new property, which may be much higher than their current assessment (due to inflation cap under Prop 13). Good news is California tax laws allow senior owns to transfer their assessed value. houselet

Prop 60 is a constitutional amendment passed by California voters in 1986 that allows owners who are 55 years old or older to transfer the assessed value of their existing home (original property) to their new home (replacement property) if both properties are located in the same county.

For seniors who are interested in moving to another county, please check with the local County Assessor where your new property will be located to see if they accept assessment transfer from another county, also known as Prop 90.   Continue reading “SF Assessor: Tax Savings for Seniors”

Mar 24: ‘Family Wealth Forum’: free event for family financial planning

From the SF Office of the Assessor-Recorder. This popular and well-received forum, to be held again on March 24, provides free help to to SF families in financial planning. 

In March, Assessor Carmen Chu is bringing back by popular demand her Office’s community event to help San Francisco families build their financial futures, the Family Wealth Forum. Often when speaking with community members, Assessor Chu receives questions about estate planning and passing on a family’s most valuable asset, their home.

In response, she created the Family Wealth Forum as a one-stop shop to answer those questions, offering multilingual workshops, one-on-one counseling with experts, and a variety of informative vendors.  We invite you to join us for this free community event on Saturday, March 24th, 2018, from 10:00 am – 1:00 pm at Lincoln High School, 2162 24th Avenue.  For more information and to register, please visit www.sfassessor.org/familywealthforum

Continue reading “Mar 24: ‘Family Wealth Forum’: free event for family financial planning”