Tax Calculator

These calculations show the approximate capital gain taxes deferred by performing an IRC §1031 exchange. Please enter your figures in the fields provided (enter your numbers with no commas or dollar signs, for example: 300000) and click on the "Calculate" button in each area to perform the calculations.

Net Adjusted Basis:
Original Purchase Price
 $
Improvements
+ $
Depreciation
 - $
 - $
NET ADJUSTED BASIS       = $
 
Capital Gain Sales Price of Property:
Sales Price $
minus Net Adjusted Basis - $
minus Costs of Sale (commissions, fees, etc.) - $
- $
= CAPITAL GAIN       = $
 
Capital Gain Tax Due:
Recaptured Depreciation (25%) $
plus Federal Capital Gain Rate (15%) + $
plus State Capital Gain Rate
(enter your tax rate here) 		  tax %
+ $
+ $
= TOTAL TAXES DUE       = $