California’s 3⅓% Real-Estate Withholding (Form 593)
How A House in Probate Impacts Your Finances If you are selling a California home, escrow will mention Form 593 and a 3⅓% withholding – and it catches a lot of sellers off guard. The good news: it is a…
The $250k/$500k Home-Sale Exclusion (Section 121)
How A House in Probate Impacts Your Finances For most people selling their main home, the single biggest tax break is the federal home-sale exclusion under IRC Section 121. It can wipe out the federal capital-gains tax on a large…
Taxes When You Sell a House in California
How A House in Probate Impacts Your Finances One of the first questions every California seller asks is: how much of my money will go to taxes? It is a fair worry – but the answer is often less alarming…
Selling a Home in a High Fire-Risk Area of the Central Valley
How A House in Probate Impacts Your Finances Homes in the foothill and rural edges of the Central Valley – the areas closer to the Sierra and the open grasslands – face a double challenge: higher wildfire risk and the…
The California FAIR Plan and What It Means When You Sell
How A House in Probate Impacts Your Finances If your home is insured through the California FAIR Plan, you already know it is different from a standard policy. Understanding exactly what it is – and how it affects a sale…
Can’t Get or Keep Homeowners Insurance in California?
How A House in Probate Impacts Your Finances Getting a non-renewal notice – or being told no insurer will cover your home – is one of the most stressful things a California homeowner can face right now. You did nothing…