California has the highest state income tax in the nation. One of the most complex property tax systems in the world. And a capital gains structure that — combined with federal taxes — can take between 30 and 37 cents of every dollar you made on a property sale.
Most high-net-worth women find out what that means after the transaction closes. After the divorce settlement is signed. After the probate sale closes. After the property transfers.
This episode exists so you find out before.
In Episode 2 of The Inner Circle, The Oracle and The Architect go deep into the California tax battlefield — the rules that were written in 1978 and have been amended so many times that most accountants don’t fully understand them, the capital gains liability hiding inside your divorce settlement, and the one tax tool most women navigating high-stakes real estate have never used.
What we cover:
Proposition 13 — what it actually is, how it works, and why the difference between a well-structured and a poorly-structured transfer can mean tens of thousands of dollars per year in property taxes permanently Proposition 19 — how it changed parent-child transfers in 2021 and why families still operating under the old assumptions are about to get an expensive surprise Capital gains in California — the woman who sold a $2.8 million house and wrote a check for $777,000 to the government the same day The three divorce tax traps — the basis that transfers with the property, the exclusion that drops by $250,000 the moment you are single, and the retirement account vs. real estate comparison that destroys value in almost every settlement negotiation The 1031 exchange — your most powerful tax deferral tool, how it works, and why the time to understand it is before you inherit, before you divorce, before you decide to sell The step-up in basis — the most powerful wealth transfer advantage in the tax code that most people don’t know about until it’s too late to use it
The 20-year question:
If you sold every piece of California real estate you own or expect to inherit today — do you know, with specificity, what you would actually keep after taxes? And does your current plan account for that number?
New episodes every Wednesday at 5AM. Season 2: The Inner Circle — the conversation that happens behind closed doors.
Hosted by Alexis Nassif, DRE# 00778778, CIPS, Broker Associate at Compass · Dame Natalie Francinne, KM · Host & Producer · AN & Associates Luxury Real Estate Group at Compass · Studio City, CA · wealthwarandrealestate.com
For Women. By Women.
What's your 20 year question?
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Presented by Alexis Nassif, DRE# 00778778, CIPS & Dame Natalie Francinne, KM
Wealth, War and Real Estate is for informational purposes only and does not constitute legal, financial, or real estate advice. Always consult a qualified professional for your specific situation.