Downsizing in Silicon Valley: How Much Money Will You Really Free Up?
The full downsizing math on a $2.4M Willow Glen house and a $1.3M Los Gatos condo: commission, capital gains, Prop 19, HOA dues, and the…
Tag: capital gains
Should You Gift the House to Your Child Before Death? Prop 19 vs. the Step-Up
Why deeding a Silicon Valley home to a child during life to use Prop 19 can cost far more in capital gains, with a Sunnyvale…
The Community Property Double Step-Up: How California Widows and Widowers Can Sell With Little or No Tax
How the community property step-up can erase capital gains for a surviving spouse in California, a Los Altos example, and the joint tenancy title trap…
Inherited Home in Silicon Valley: What to Do in the First 90 Days
Updated October 2026 TakeawaysThe first 90 days after inheriting a home are critical. Decisions made — or deferred — during this window can have long-term…
Jimmy Panetta’s March 2026 Remarks About His More Homes On The Market Act
courtesy of Tracy Thu Nguyen, Golden Summit WealthEarlier this week I had the chance to hear Congressman Jimmy Panetta speak at the Evergreen Rotary Club…
Sell Now or Let the Kids Inherit? The Capital Gains Math for Older Silicon Valley Homeowners
Selling a long-held Silicon Valley home during life vs. holding it for the stepped-up basis: a Mountain View example, the real costs of holding, and…
Selling a Parent’s House in a Trust While They Are Still Living
How a successor trustee sells a living parent's house after incapacity: physician certifications, trust vs. POA, capital gains without a step-up, the care-facility rule, and…
Leaving California: Taxes When You Sell Your Silicon Valley Home and Move Near Family
What California still taxes after you leave, Form 593 withholding, how retirement income is treated after the move, proving residency, and the new state's property…
A Quick Guide to Capital Gains Tax When Selling a Silicon Valley Home You’ve Owned for 30+ Years
takeawaysIf you've owned your Silicon Valley home for decades, you may be sitting on millions in unrealized capital gain, and understanding the tax implications is…
The More Homes on the Market Act: Why This Proposed Tax Change Could Matter for Long-Time Bay Area Homeowners
Key takeawaysThe More Homes on the Market Act would raise the federal capital gains exclusion on the sale of a primary residence from $250,000 to…