California getting ready to switch over its license plate numbering scheme
- Thread starter y_p_w
- Start date
There are a number of states one can move to -buy a house (cash) for $500,000 or $600,000 and put the rest in the bank....so yea.
If you sell your home in California-one doesn't expect to move back. Don't forget if you sell one house and buy another you have a capitol gains exemption.
quote-
When you sell your home, the IRS allows one major form of capital gains break. It’s called the home sale exclusion, and it allows you to deduct a significant amount of the profit from your home sale to minimize or avoid capital gains taxes.
You California bashers really need to get your facts straight. Its pitiful how much hate and then the misinformation that's spewed. Check out prop 13 in California- a protection I may add that very few other states have.
Last edited:
AZjeff
$50 Site Donor 2023
Move to rural Pennsylvania away from the cities and live like kardashians.
Because it's not needed.
In most localities assessments might make big jumps from time to time based on market evaluation by the assessors office, but the govt then resets the millage rate to arrive at the taxes due. Pretending that regulating assessments protects the homeowner from tax jumps is a fallacy.
I've enjoyed my California time and have friends there. I also understand that not all of the state is major metro areas. I'm not slamming your life decision of residency. Just don't claim that a ballooning real estate market is a simple win for the homeowner, that couldn't have been realized elsewhere, without recognizing other factors are at play. My investments can be owned anywhere, and they pay me annual dividends on top of growth...rather than taxes, insurance, maintenance, natural disasters, and govt overreach subtracting from that growth.
Now you are actually making sense.
So 2GAT123 will turn into 123GAT2 on all the TV shows.
I appreciate how states like Mass and NJ are trying to make do with six characters, using up most of the possible combinations.
I recall a lot of combinations that don't exist, so as to not confuse a vehicle license plate with a real one. But as a fictional license plate, it would have to be removed/changed in order to drive it on public roads or perhaps get transported on a vehicle carrier.
There are also electronic license plates, typically using e-ink. Only legal on the back though.
I'll have to disagree with this as California is one of the few in that the plate stays with the car. I have bought five classics since 1985 and all kept the same plate when first registered in California. Three, a 68 (1 owner), a 72 ( 1 owner), and 73 (two owners) were recently changed to correct YOM plates. The sixth car was gifted to me by a friend and the original 1991 plate is still on the car after two previous owners.
I have also experienced this and bought 5-6 cars from California. The plates went with me, and I still have them.
Not the case in other states I have lived in, WY, the plates stay with the owner and can be transferred to another vehicle, along with the months that were possibly remaining.
Except the current policy is to never reuse the number. I am sure when we flip around again we will be forced to reuse some older number now that we are in the computer age.
There's always reverse mortgage or HELOC you can cash out of your equity to live on as you go.
I have bought and sold quite a few cars in the past that kept the same license plate number since the 90s. We are 9XXXYYY now and I sold a couple that were in the 4XXXYYY range recently (from the late 90s). The new owner kept that.
You can also request a new number if you want or if you move the car from another state, you will be assigned a new number in today's sequence.
Never live anywhere else. Walking the beaches of the Pacific Ocean or among the Redwoods and Sequoias is unmatched by anything else.
Similar threads
