Sell rental to buy primary residence- tax question

[Maria D.]

We are considering moving to a new area and would like to keep the home we currently live in as a rental. We would like to sell two smaller rentals we have to buy a new primary residence. We are looking for a primary resident with either an attached or detached in-law unit.

I’m concerned about capital gains and property taxes. The homes are all in CA and one has a good tax base because of prop 13 and how long we’ve had it. Are there any tax savings strategies we should explore to maximize tax savings?