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Summary of 1031 Exchange benefits estimated without your tax returns

Simply fill out the first 5 boxes, ESTIMATING as needed.

This is a tax estimate to be used for discussion purposes only.

Please do not consider this tax planning or advice for your personal situation. You should seek input and counsel from your personal tax advisor, and only rely on information provided by a licensed professional such as a CPA or Enrolled Agent, who is familiar with your entire tax return and knowledgeable about the most up to date tax requirements. This assessment assumes you are paying California State income taxes. State income taxes differ from state to state, and our estimator is most useful for California residents. The amount we estimate as your tax liability may be impacted by other tax deferrals, loss carry forward benefits, or sales or gain from other properties. Be sure to check with your tax professional before undertaking a 1031 exchange.

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Information about your current property

Important 1031 Exchange Requirements

This is a tax estimate to be used for discussion purposes only.

What is your property worth today? Estimate:

What did you pay for the property? Estimate:

How much have you spent on Capital Improvements over the years? Estimate:

Year you purchased your property:

How much debt do you have on
the property? Estimate:

Taxable Gain:

Tax Rate (pct):

Capital Gains Tax:

Plus Assumed Capital Improvements:

Estimated Accrued Depreciation:

Your Basis:

Your Original Purchase Price:

Assumed Net Sale Price:

Your Taxable Gain:

Est. Deprec. Taken to Date:

Tax Rate (pct):

Depreciation Recapture Tax:

Taxable Gain:

Threshold (married):

Taxable Amount:

Tax Rate (pct):

ObamaCare Tax:

Net Sale Proceeds:

Net Adjusted Basis:

Taxable Gain:

State Tax Rate (pct):

State Income Tax Due:

Assumed Sale Price:

Federal / State Taxes:

Net After-Tax Profit at Close of Escrow:

Assumed Sale Price:

Minimum purchase price for new property:

Net Sales Proceeds - you must buy a property with a value equal to or greater than:

Debt Pay Off - you must have at least this much debt on your new property:

Cash Equity - the amount of cash to be generated, all of this must be transferred to the new property:

The benefit of selling with a 1031 exchange

Without 1031

With 1031

Breakdown of taxes if you sell WITHOUT the benefit of a 1031

Federal Income Taxes due from Capital Gains

Federal Income Taxes due for Depreciation Recapture

Federal Income Taxes due for ObamaCare Tax Premium

California State Income Taxes due

Total Federal and State Taxes Due:

Total Taxes Due

A few very important caveats:

This assessment assumes you are paying California State income taxes. State income taxes differ from state to state, and our estimator is most useful for California residents.

The amount we estimate as your tax liability may be impacted by other tax deferrals, loss carry forward benefits, or sales or gain from other properties. Be sure to check with your tax professional before undertaking a 1031 exchange.

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Summary of 1031 Exchange benefits estimated without your tax returns

This is a tax estimate to be used for discussion purposes only.

This is a tax estimate to be used for discussion purposes only.

The benefit of selling with a 1031 exchange

Total Taxes Due

A few very important caveats: