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Proposition 58 - Does exclusion also apply for parents with foreign nationality? California

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  • Proposition 58 - Does exclusion also apply for parents with foreign nationality? California

    Hello,
    I am trying to justify if I am entitled to the proposition 58 property tax reassessment exclusion when the home title transfer was between parents and a child. The issue is my parents are foreign nationals, I am however a legal CA resident who has been paying property taxes on this house all these years. This house has a homeowner's exemption because it was my primary residence before I rent it out. The inital title had my name in addition to their. Present title has my name only. They do not have SSN nor IRS tax number. Any expert information is greatly appreciated. Please help as I try to resolve this ASAP.
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