The last California taxes my wife and I plan to pay will be the capital gains on the sale of our house before we move out of state.
If you sell your home after you move out of state and
say declare residency in Florida, do you have to pay any capital gains tax at the state level. Obviously, you will pay federal income tax on the gains but just file a Florida
tax return. (I am not an accountant but I live in Maine which has a high state income tax but will retire in two years and will be selling property in ND and/or MN).
You should get a $500K exclusion on the capital gains of your personal residence if you lived in the house 2 of the last 5 years.
Here’s the guy I was talking about......
https://nypost.com/2017/12/31/broke-guy-who-sold-family-blanket-for-1-5m-has-new-troubles/