By Kathleen Pender in the San Francisco Chronicle

February 12, 2016

Roland Roosenboom would like to sell the home he purchased with his late wife in Saratoga for about $367,000 in 1991 and downsize. But if he sold the home, now worth about $1.8 million, he would owe about $270,000 in capital gains and related taxes.

“That’s money you lose instantly that you cannot get back,” Roosenboom said. So instead of selling, he’s renting it out and living in a home he owns in El Dorado County, where he’s growing weary of hot summers and chain restaurants.

Read more at the San Francisco Chronicle