1031 Exchange Savings Calculator
1031 Exchange Savings Calculator
Find the approximate net savings from choosing to exchange with 1031X. Enter your figures in the fields below.
ADJUSTED TAX BASIS
For your relinquished property
Original purchase price
Add any capital improvements
Subtract your accumulated depreciation
Adjusted Tax Basis
LONG-TERM CAPITAL GAIN
Based on your upcoming sale
Contract sales price
Subtract your closing costs
Subtract your adjusted basis
Long-term Capital Gain
POTENTIAL TAXES OWED
If you do not 1031 exchange
Federal capital gain tax (20% bracket)
Federal capital gain tax (15% bracket)
Your state for income tax
State capital gain tax
Depreciation recapture tax (25%)
Medicare surcharge (ยง1411) tax
Potential Taxes Owed
PROCEEDS AVAILABLE - NO 1031
Money left over after Uncle Sam
Net sales price
Subtract all debt payoff
Subtract taxes due
After-tax proceeds
PROCEEDS AVAILABLE - 1031 EXCHANGE
Money left over w/ 1031X
Net sales price
Subtract all debt payoff
Subtract the 1031X fee
After-tax proceeds
1031 reinvestment requirements - purchase price
$1,245,000
1031 reinvestment requirements - equity (down payment)
$1,194,050