Crystal Key Properties Your Real Estate Source

Empowering Your Real Estate Journey: From Tax Advantaged Home Sales Strategies and 1031 Exchanges of Investment Properties, We Make Your Goals a Reality

Let's Meet Tom

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Get ready to embark on a real estate journey like no other with Tom, your friendly and experienced real estate agent. As the Managing Broker at Crystal Key Properties, Tom brings over 25 years of expertise. When it comes to representing you and your property, our proactive advertising strategy ensures that your property shines in the spotlight, attracting eager buyers. Don't miss out on this opportunity to make your property stand out from the crowd.

Prior to founding Crystal Key Properties, Tom was an executive appointee at the FDIC (Federal Deposit Insurance Corporation), where Tom honed his skills in selling and managing transactions valued in the hundreds of millions of dollars and participating in dozens of purchase and sales (M&A) transactions. This was during the greatest financial crisis since the great depression.  His experience in successfully navigating through complex real estate deals and challenging periods sets Tom apart in the industry. Tom uses this experience and knowledge to help property owners navigate and prosper in these challenging times.

Tom's heart is filled with drive, determination, and grit, making every step of your real estate journey a breeze. His straightforward and caring approach guarantees that you receive the most effective and efficient service tailored just for you. With Tom by your side, your real estate dreams will become a delightful reality. Trust in his expertise and let's turn your vision into a remarkable success story.

Sell Your Home with Crystal Key Properties

We are proud to be San Diego's and Coronado's boutique real estate agency specializing in Prop 19 homeowner sales and 1031 exchanges. We don't just sell homes and investment property for our clients; we work hard to sell your property fast while maximizing your sales price.

We specialize in Prop 19 and 1031 Exchanges

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What is Prop 19?

We focus on helping our client's in two areas:

INHERITING PROPERTY

Proposition 19, or the Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act, is a Constitutional Amendment that imposes new limits on property tax benefits for inherited family property. Under Proposition 19, a child or children may keep the lower property tax base of the parent(s) ONLY if the property is the principal residence of the parent(s) and the child or children make it their principal residence within one year.

TRANSFER OF PROPERTY TAX BASE

The other component of Proposition 19 allows homeowners who are over 55 years of age, disabled, or victims of a wildfire or natural disaster, to transfer their lower assessed property value of their primary home to a newly purchased or newly constructed replacement principal residence up to three times (or once per disaster). The tax base may be transferred to a property located anywhere in the state.

Will a 1031 Exchange Work For Me?

1031 exchange

Contact us to determine if a 1031 exchange will work for you.

A 1031 exchange is a valuable tool for real estate investors, allowing them to swap their investment property for another property of equal or higher value.

The best part?

By doing this, investors can defer paying capital gains tax on the profits they earn from the sale. It's no wonder this method is highly favored by investors who want to upgrade their properties without having to worry about paying taxes on their proceeds. This type of exchange, also known as a "like-kind" or Starker exchange, specifically applies to real property, which typically includes buildings and land.

Meeting our client's needs is our first and only priority. Ultimately, we are successful when our clients are happy throughout the entire process.

– Tom Gallanis Managing Broker
Crystal Key Properties