The House, Remarriage, and Long-Term Decisions
What if I want to downsize?
Short answer
Reasonable. But plan the timing carefully. The 2-year window for the $500,000 gain exclusion matters. Also consider: transaction costs (agent commissions, closing costs) on both sides of the move, moving costs, and the emotional cost of leaving a home full of memories…
What this usually means
Reasonable. But plan the timing carefully. The 2-year window for the $500,000 gain exclusion matters. Also consider: transaction costs (agent commissions, closing costs) on both sides of the move, moving costs, and the emotional cost of leaving a home full of memories. Many people who downsize immediately regret rushing. Give it at least a year.
What to do next
- Start the PathAfter checklist for situation-aware first steps.
- Find California county phone numbers for coroner, vital records, and local offices.
- Open the First 72 Hours Call Log before making calls.
- Open the Documents to Find Checklist when you are ready for paperwork.