Exchange Calculators
WANT TO KNOW WHETHER A § 1031 EXCHANGE IS RIGHT FOR YOU?
This page contains two calculators--one that estimates Capital Gains Tax and another that calculates Exchange Deadlines--to assist you.
CAPITAL GAIN
A "capital gain" is the difference between the sales price of the relinquished property (less selling expense) and the adjusted basis of the property. A well-planned § 1031 exchange will defer such a tax--possibly indefinitely. Click here to use the Capital Gains Tax Calculator in order to get started!
EXCHANGE DEADLINES
Proper deadline planning is essential to a successful § 1031 exchange! Time restrictions for your exchange begin with the date of the first relinquished property closing and all replacement property must be acquired within 180 days. Within 45-days from the first relinquished property closing, the investor must identify by contract or by written notice the replacement property/ properties.
It should be noted the replacement property must be acquired by the Investor's tax reporting date or he must file and have accepted an extension with the Internal Revenue Service.
To take the guesswork out of counting days, Click here to use the Exchange Deadlines Calculator.