Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.
The vast majority aren’t going to transfer their tax basis. They are leaving entirely. A very long time neighbor is selling. The tax bill will go from $558 per year to $1100 per month.
If you are going to leave paradise, you need to go far enough that it’s a home run.
Results may vary!
When people leave CA, I tell them don’t sell your house. If you do, you are never coming back because you will be priced out. I can’t tell you how many people have thanked me . Several people did not heed my advice and now are stuck in TX and AZ. Keep you CA house pull some equity if you have to and rent it. CA RE has been a great inflation hedge ver the decades.
What if I sell my existing house. Shift into my low priced (low prop tax) rental for 2 years. Then buy a more expensive house. Can I transfer that low tax base to the new house??
Yes
Prop 19 is a blessing for those 55+ want to buy a more expensive home and have a current low tax basis primary property. Do you think that Prop 13 will be overturned some day and if so when? Thanks.