1031 exchange: Capital Gains Arkansas: 1031 Tax Calculator

It may be helpful to calculate potential capital gains tax liability before you decide to do an exchange. See if it pays to do an exchange ...
 
1. Calculate Net Adjusted Basis:
Original Purchase Price$
plus Improvements+$
minus Depreciation-$
= NET ADJUSTED BASIS=$
 
2. Calculate Capital Gain Sales Price of Property:
Sales Price$
minus Net Adjusted Basis-$
minus Costs of Sale
(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=$

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