For long‑time homeowners in high‑appreciation areas like the Bay Area, this is the most critical comparison:

What is the real financial impact of moving?

This worksheet is designed to organize the knowns and unknowns based on California’s Proposition 19 rules, allowing you to compare your current Prop 13 tax base against the potential new purchase price.

What the worksheet helps you calculate:
– Your current annual property tax (based on original acquisition date)
– A hypothetical new property tax base if you move locally (subject to Prop 19 rules)
– The difference (the potential tax increase or tax savings)
– The impact of using a HECM for purchase (if applicable, to show total monthly commitment)
– Space to bring in the tax consequences of selling without moving (capital gains)

Crucial Note: This is a planning tool to organize variables. It is not tax advice. You must consult with your CPA or tax attorney to confirm final liability and eligibility under Revenue and Taxation Code Section 69.5 (Prop 19).