Enter your property sale details below to estimate the capital gains tax a 1031 exchange may defer. Enter percentages as whole numbers or decimals: 8 for 8%, or 8.25 for 8¼%. For the Fed. 25% Tax on Depreciation Gain, enter 25%. For the Federal Capital Gains Rate, enter 15% or 20%, depending on your income level.
Estimating the §1031 tax deferral on the sale of investment property
An Exchanger should always consult with independent legal and/or tax advisors to determine the applicability of any IRC §1031 tax deferred exchange benefits. The gain, not the profit or equity, from the transfer of investment property may be subject to federal and state capital gain taxes and federal taxes on the gain due to the depreciation taken on the property. Remember, it is possible to have little or no equity in the investment property transferred and still owe taxes. NexTrend Securities does not give tax advice — you must consult with your tax advisors.
We can help you make the most of your 1031 exchange.
