What is the 593-C Form? Posted on January 22, 2018 (April 11, 2025) by Zo Escrow California Real Estate Withholding For Sellers of Real Property (California Revenue and Taxation Code Section 18662) How Much Taxes Are Withheld From the Sale of Real Property? All real property being sold requires the payment of tax at the close of escrow in an amount equal to 3.33% of the sales price. If the seller…
About California Property Taxes Posted on July 31, 2016 (April 11, 2025) by Zo Escrow California’ fiscal year runs from July 1st to June 30th the following year and are assessed and collected at the County level. Property taxes are collected in two equal installments. The first installment covers July 1st – December 31st and is due on November 1st and delinquent on December 10th. The second installment covers January 1st…
