Moving without starting over on property taxes.
For longtime homeowners, a low assessed value can be one of the largest factors in deciding whether to move. Prop 19 changed the rules in 2021, and for many people it makes a move far more practical.
What Prop 19 allows.
Homeowners 55 and older, severely disabled homeowners, and victims of wildfire or natural disaster, moving from one primary residence to another.
The replacement home can be anywhere in California, in any county.
Homeowners 55 and older or severely disabled can use the transfer up to three times in their lifetime.
The replacement home must be purchased or newly built within two years before or after the sale of the original home.
A replacement can cost more than the home you sold. The difference in value is added to your transferred tax base.
You file a claim with the county assessor where the new home is located. There are filing deadlines to keep in mind.
Coordinating the sale, the purchase, and the transfer.
Estimate the numbers
We look at your likely sale price, your target price range, and how the transferred base would apply to each option.
Plan the timing
We decide whether to buy first or sell first and keep both transactions inside the two-year window.
Bring in the right professionals
I'll coordinate with your tax advisor, lender, and escrow so the claim is filed correctly and on time.
This page is a general overview, not tax or legal advice. Eligibility and the calculation depend on your circumstances. Please confirm details with your county assessor and a qualified tax professional.
"If you've been wondering whether a move makes financial sense, let's walk through the numbers together."Tanya Gianatasio