Not tax or legal advice. These are estimates. Please check with your county assessor and a CPA or attorney before you sell or buy. Read more
Married couples: only one spouse needs to be 55 or older, and that spouse must own both homes.
Formula: BOE FAQ 6. New taxable value = old taxable value plus the part of the new price above the limit (sale price times 1.00, 1.05 or 1.10), if positive. For each January 1 between the sale and a later purchase, both the old value and the sale price go up by that year's inflation factor (LTA 2022/009, times 1.02 for 2026). Inherited home: BOE Parent-Child FAQ 6, limit = parent's value plus $1,044,586 (transfers Feb 16, 2025 to Feb 15, 2027, LTA 2025/009). It runs in your browser; nothing is sent.