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1031 exchange: Capital Gains Texas: 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=$

FAQs

Capital Gains Tax Example An example of how capital gains is estimated in a ...Read More

Can I exchange a business--UPS Store Example It is possible to exchange a business-but there ar ...Read More

Capital Gains State Tax Rates Find the Capital Gains Tax Rate for your state! ...Read More

How Often can I take Advantage of the Tax Exclusion Under IRC section 121? 121 tax exclusion ...Read More

200 Percent Identification Rule What if the property value increases? Is the ID v ...Read More

Subdividing question Can I subdivide? ...Read More

Tax Free Cash How can I take cash out? ...Read More

Capital Gains Exclusion??? Mixing up Section 121 and Section 1031 ...Read More

More on Capital Gains Question about Capital Gains. ...Read More

Taking Cash Out of a 1031 exchange What about taking cash out of a 1031 exchange? ...Read More

Accumulated Depreciation How do I handle depreciation? ...Read More

Lease Options How do I handle rent money? ...Read More

Dual Use of Property Primary residence and? ...Read More

Toll Free: 1-888-899-1031

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