Own Luxury Homes®
Senior & Estate Real Estate — The Complete Guide
Senior real estate transactions carry the most significant tax provisions in real estate: IRC §121 excludes $500,000 in capital gains on a primary residence sale; the step-up in basis permanently eliminates deferred gains at death; and the QPRT can transfer a $5M home at a $3M gift tax value. Own Luxury Homes® introduces specialists through the Senior & Estate Transaction Standard™ with documented estate sales, inherited property, and downsizing experience.
Home → Markets → Senior & Estate Real Estate
Senior & Estate Real Estate — The Complete Guide
$68T
Wealth transfer from baby boomers to heirs over the next 20 years — the largest in history, with real estate as the primary asset class
$500K
IRC §121 primary residence exclusion for married couples — the most valuable tax provision in senior real estate that most homeowners underutilise
0%
Capital gains tax on a stepped-up basis inheritance — the provision that permanently eliminates deferred gains at death
12
Point Integrity Audit dimensions verified before any Own Luxury Homes® specialist introduction for senior and estate transactions
Senior real estate transactions — selling the family home, downsizing, inheriting property, estate planning — are the most financially consequential and emotionally complex transactions most families navigate. They also carry the most significant tax implications: the IRC “121 primary residence exclusion eliminates up to $500,000 in capital gains on a home sale; the step-up in basis permanently eliminates all deferred capital gains at death; and the QPRT can transfer a $5M home at a $3M gift tax value. Understanding these provisions before the transaction — not after — is the difference between a tax-efficient outcome and an unnecessary six-figure tax bill. This hub covers every dimension of senior and estate real estate that the specialist and the family need to navigate together.
guide-directory
Selling the Family Home Guide
Downsizing Luxury Real Estate Guide
Inherited Property — What to Do with Real Estate You’ve Inherited
Step-Up in Basis Real Estate Guide
Luxury 55+ Communities Guide
Probate Real Estate Guide
Real Estate in Estate Planning
Qualified Personal Residence Trust (QPRT) Guide
Multi-Heir Inherited Property Guide
Downsizing to a Luxury Condo Guide
Long-Term Care and Real Estate Planning
“The senior real estate transaction is the most emotionally complex and financially consequential transaction most families navigate. Selling a home where children were raised, dividing an inherited property between siblings, or helping a parent downsize after 40 years — these require a specialist who understands both the financial mechanics and the family dynamics. The step-up in basis alone — a tax provision that permanently eliminates capital gains at death — is worth hundreds of thousands of dollars to families who understand it. Most generalist agents have never explained it. The specialist we introduce has managed these transactions before and knows both the tax planning and the emotional pacing required.”
— Ryan Brown, Principal Broker & CEO
Own Luxury Homes® · FL BK3626873 | NAR 624500541 | USPTO 7968024
407-900-7030 · ryan@ownluxuryhomes.com
Own Luxury Homes® Related Hubs: 1031 Exchange Hub — Privacy & Asset Protection — Luxury Condo Hub
"The introduction Own Luxury Homes® makes is to a specialist with documented closing history in your specific market — not the county, not the metro, the submarket you're actually selling or buying in. That's the standard we verify before your name goes anywhere."
— Ryan Brown, Principal Broker & CEO, Own Luxury Homes® (FL License BK3626873)