Up to $500,000 in capital gains on your home may be exempt from taxation.
Gains on the sale of an investment property can avoid taxation if the proceeds of the sale are rolled into the purchase of a like-kind investment.
County property taxes and CA income and sales tax deduction is limited to $10,000.
Property tax basis on your current CA home may be transferred to your new purchase within CA. It also addresses the property tax basis when transferring your property to a child or grandchild.
County property tax rate is limited to 1% plus any voter approved bonds. The annual increase is limited to 2%.