Capital Gains Calculator

These calculations show the approximate capital gain taxes deferred by performing an IRC Section 1031. 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.

1. Calculate Net Adjusted Basis:
Original Purchase Price	$
plus Capital Improvements	+ $
minus Depreciation	- $
= NET ADJUSTED BASIS	= $
2. Calculate Capital Gain Sales Price of Property:
Sales Price	$
minus Net Adjusted Basis	- $
minus Exchange Expenses (commissions, fees, etc.)	- $
= CAPITAL GAIN	= $
3. Calculate 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	= $
4. Calculate After-Tax Equity:
Sales Price	$
minus costs of sale	- $
minus loan balances	- $
= GROSS EQUITY	= $
minus Capital Gain Taxes Due	-$
= AFTER-TAX EQUITY	= $

The formula set forth above is provided to help you determine your approximate gain and the sums that you may wish to defer through your exchange transaction.  Consult with your tax advisor to determine the correct values and whether an exchange is appropriate for your circumstances.