Enter your property sale details below to estimate how much capital gains tax you may be able to defer through a 1031 exchange.
For percentage fields, enter the rate as a whole number or decimal. For example, enter 8 for 8% or 8.25 for 8¼%. For Depreciation Recapture, enter 25. For the Federal Capital Gains Rate, enter 15 or 20, depending on your income level.
Estimating the §1031 tax deferral
Talk to your tax advisor before you sell the property. It is possible to have little or no equity in the investment property being sold and still have a tax liability. A low tax basis and depreciation recapture can affect the amount of tax owed. NexTrend Securities is not a tax advisor and does not provide tax advice.
