Prop 19 - New Investment Property Question

[James Boreno]

Hi Biggerpockets Fam,

My father and I just purchased an investment property - We hold title as Joint Tenants.

I wanted to know, if my father passes away, does 50% of the property get reassessed?

I was thinking maybe it's smarter to hold title in my parents revocable living trust, but then I thought Prop 19 came into effect and by the time I Inherited the property, it would get reassessed at 100% compared to 50% Reassessment if my father and I held title as joint tenants. Please advise if my thought process is correct here, thank you.