Calculate Your Own Tax Estimates*

If You "sell" your Relinquished Property

What Balance After Taxes will Result

WITHOUT a 1031 and WITH a 1031 Exchange

(and WITHOUT or WITH "TAXABLE BOOT")


*These are "estimates" only (and do not include State Taxes)

Always Consult Your Accountant

Calculator
PROPERTY YOU WILL RELINQUISH           Input
A Cost of acquisition more than 1-yr ago
B Cost of added capital improvements
C Depreciation you have taken
D Balance to pay-off mortgages/liens
E IF YOU RECEIVE A TOTAL PRICE OF
F WHAT IF WITH A 1031 YOU TAKE OUT "BOOT" OF

Consult your accountant Estimates 1031 Exchange
G Tax Basis XG
H Taxable Gain Recognized XH
J Recapture portion of gain Recognized XJ
K Recapture tax at 25% XK
L Other appreciation Recognized XL
M Tax on balance of gain at 15% XM
N Tax on balance XN
O BALANCE AFTER TAXES & PAY-OFFS (with Boot) XO*
*Less QI fees of about $1,100. Assumes replacement property valued not less than relinquished property and that all of the net sale proceeds were spent

Wouldn't You Rather Have the Greater Balance to Reinvest

in Replacement Property

WITHOUT Paying Unnecessary Taxes?

State Taxes