Key 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…
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…
If you’re like many Bay Area real estate investors, you’ve probably owned your rental property for years—maybe even decades. And thanks to the skyrocketing appreciation…
You know what's a good problem to have? Â Sitting on a huge mountain of equity that you've built up in your house over decades of…
The 2024 Santa Cruz County Assessor-Recorder Report offers a comprehensive analysis of property assessments and market trends, providing valuable insights for homeowners. Whether you’re thinking…
Key takeawaysProp 19 allows California homeowners 55+ to transfer their Prop 13 property tax base to a replacement home anywhere in the state, up to…
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…
Key takeaways If your gain exceeds the $250k/$500k primary residence exclusion, the goal isn’t to “find a loophole”—it’s to understand the legitimate tax levers available,…
takeawaysCost segregation doesn’t change how much a property depreciates—it changes when you get the tax benefit. By accelerating depreciation, Bay Area investors can improve near-term…
this interview I speak with Chris Grindy, the owner of Grindy Tax Service in San Jose, California. They discuss various tax topics, particularly as they…