California Property Tax And A Partial Sale Transaction
This property is in California (under preoposition 13) and is co-owned by 2 partners in "tenancy in commom." One of the partner is selling aout 30% of ownership to the other partner. Does anyone know if this partial sale will trigger re-assessment of only the 30%, or the entire property value? Thanks! 
yeah I agree it does seem like a lot of money. I will probably just buy QB and talk with my CPA about keeping better records.
Erick,
thanks for the great info. I will definitely be looking into one of these great products.