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Seniors In Transition
Downsizing Made Simple: Supporting Seniors Through Life’s Next Chapter
For over 30 years, we’ve helped seniors and their families navigate one of life’s biggest transitions—downsizing and moving into a new chapter with ease. From planning and organizing to handling the heavy lifting, our dedicated team takes care of every detail so you don’t have to. Whether you’re preparing for a move or simply thinking ahead, starting early can make all the difference. Let us make the process seamless and stress-free.
Where Do You Begin?
The thought of downsizing can feel overwhelming. A lifetime of memories, cherished possessions, and sentimental belongings—what stays, what goes, and how do you decide?
You may be wondering:
- Where do I start?
- What do I do with all of my things?
- My children live far away—who will help me?
Many seniors find this time to be isolating, especially as family members are busy with their own lives. That’s where we come in.
You’re Not Alone—We’re Here to Help
We provide a clear, compassionate plan to ease your worries and simplify the process. Our team walks you through every step, just as we have for so many others. And if you’d like, we can even connect you with past clients who can share their experiences.
Whether you’re planning for yourself or assisting a parent or grandparent, know that you are in good hands. Our kind and qualified team understands the emotional and logistical challenges of this transition. We are here to lighten the load and make this next chapter a positive and empowering experience. Let’s start the conversation. Schedule a call today—we’re here for you every step of the way. Debbi DiMaggio | 510.414.6777 | SeniorsNextChapter.com
You’re Invited: Join Us on May 10th from 11-1:30PM | Panel and Workshop for Seniors and those Supporting Seniors
- Debbi DiMaggio, DiMaggio Betta Group, Real Estate Advisors for the Generations
- Kimberly Sweeney, Moving Angels | Certified Senior Move Manager, Collectibles Advisor
- Laura Klein, Spruce Home Advantage
- Liz Lummis O’Neil, New York Life Insurance Company (Long Term Care Insurance)
- Isaac Kim, Wealth Management | Tax Deferred Exchange
- Esther Kestenbaum, Preferred Placement
- Mele Shavers | Authentic Home Care (Aging In Place)
- Zach Griffin, Mortgage Consultant
- Shane Barnard, Trust Law
Sponsored By: Dylan Sanders, AMS Relocation | Bekins Moving Company, Experts in Moving Older Adults
Debbi DiMaggio is an accomplished author and a seasoned real estate expert with a passion for helping clients navigate the complexities of the real estate market. With over 30 years of experience in luxury real estate, Debbi has earned a reputation for her insightful approach and dedication to client satisfaction.
She believes in the importance of building genuine relationships to create lasting connections and trust with her clients in both her writing and real estate endeavors. When she’s not selling homes or writing, Debbi enjoys traveling, meeting new people, and her charity work with UCSF Benioff Children’s Hospital Oakland and Race to Erase MS. Connect with Debbi at 510.414.6777 | DiMaggioBettaGroup.co | SeniorsNextChapter.com
Transferring Your Tax Basis
Transferring Your Tax Basis in California: What You Need to Know
If you’re a homeowner in California, you may be able to transfer your property tax basis to a new home, thanks to Proposition 19. This can result in significant tax savings, especially if you’ve owned your home for many years and have a lower assessed value.
Understanding Proposition 19
Proposition 19, which took effect in April 2021, allows eligible homeowners to transfer their property tax basis to a new home under certain conditions. This means that if you qualify, you won’t have to pay property taxes based on the current market value of your new home but instead retain the lower tax basis from your previous residence.
Who Qualifies?
To transfer your tax basis, you must meet one of the following criteria:
- Be 55 years or older
- Be severely disabled
- Be a victim of a natural disaster or wildfire
Key Benefits of Proposition 19
- Transfer to Any County in California: Unlike previous laws that limited transfers to select counties, Proposition 19 allows transfers anywhere in the state.
- Up to Three Transfers: Homeowners 55+ or disabled can transfer their tax basis up to three times in their lifetime.
- Move to a More Expensive Home: If your new home costs more than your original one, you can still transfer your tax basis, but the difference in value will be added to your new assessment.
How to Apply
- Purchase or identify your new home within two years of selling your previous home.
- Complete the required forms with your county assessor’s office.
- Submit documentation proving your eligibility (e.g., age verification, disability status, or proof of loss due to a disaster).
- Await confirmation from the county assessor regarding your adjusted tax basis.
Maximizing Your Savings
For those looking to downsize or relocate within California, Proposition 19 provides an excellent opportunity to maintain lower property taxes while moving into a new home that better suits your needs.
If you’re considering a move and want to explore how transferring your tax basis can benefit you, reach out to our team at the DiMaggio Betta Group. We’re here to help guide you through every step of the process!
For personalized real estate advice, contact us today at www.dimaggiobettagroup.co!
Here are a few helpful links:
Harvesting Fresh Spaces: A Fall Cleaning Guide
Harvesting Fresh Spaces: A Fall Cleaning Guide. Ready to transform your home this season? Here are some quick tips for your seasonal cleaning.
Navigating the Downsizing Journey: How The DiMaggio Betta Group Supports Seniors
Navigating the Downsizing Journey: How The DiMaggio Betta Group Supports Seniors
Downsizing can be a significant life change for seniors, often bringing a mix of emotions, challenges, and opportunities. At The DiMaggio Betta Group, we understand that this transition can feel overwhelming, but it doesn’t have to be.
Finding Support in Challenging Times: Top 10 Luxury Assisted Living Homes in the Bay Area
Here are ten of the top assisted living homes in the Bay Area, known for their luxury and high-end services, listed generally from most expensive to less expensive while covering Alameda, Contra Costa, Napa, and Sonoma Counties:
Piedmont: Expansive, Level-In, Classic Elegance
This exquisite Upper Piedmont Traditional home offers the perfect blend of classic elegance and modern luxury, featuring 4 spacious bedrooms and 4.5 well-appointed baths. From the moment you step inside, you’ll be captivated by the timeless charm of the sparkling hardwood floors and the sophistication of the marble stone flooring.
Piedmont: Level In, Elegant Mid-Century
This exquisite Mid-Century home in Upper Piedmont masterfully combines timeless design with modern comforts, spread across two thoughtfully designed levels. As you step into the main level, you’re greeted by a spacious formal living room adorned with beautiful hardwood floors and large windows that flood the space with natural light.
Mastering the Art of Home Pricing: Unlock Maximum Market Value
Pricing a home accurately while considering factors such as the quality of work, design, layout, and condition is crucial for attracting potential buyers and maximizing the sale price. Here’s an outline to guide you through the process:
111 Steps to Homeownership: Your Ultimate Guide to Buying a Home
Whether you’re buying or selling a property, Debbi DiMaggio and Adam Betta are real estate experts you can trust. With their expertise, passion, and dedication to making a difference, they guarantee a seamless and rewarding real estate experience. Contact this duo today to get started on your real estate journey. Get In Touch with The DiMaggio Betta Group
