Latitude Commercial is a full-service Commercial Real Estate brokerage and property management firm specializing in Northwest Indiana and the South Chicago Suburbs.
This capital gains tax calculator shows the approximate capital gain taxes deferred by performing an IRC Section 1031 exchange. Please enter your figures in the fields provided. (Enter your numbers with no commas or dollar signs, for example: 500000.) You will start seeing the calculations automatically. All figures in the capital gains tax calculator are estimated figures with no representations or warranties as to the accuracy of the numbers displayed. We advise you to consult your accountant, attorney, and/or a Latitude Commercial agent for more accurate information. For more information on what is capital gains tax, what types exist and how they’re calculated check out our blog: Capital Gains Tax: Strategies for Commercial Real Estate Investors.
| 1. CALCULATE NET ADJUSTED BASIS | ||
| Original Purchase Price | $ | |
| plus Improvements | + $ | |
| minus Depreciation | - $ | |
| = NET ADJUSTED BASIS | = $ | 0 |
| 2. CALCULATE CAPITAL GAIN SALES PRICE OF PROPERTY | ||
| Sales Price | $ | |
| minus Net Adjusted Basis | - $ | 0 |
| minus Costs of Sale (commissions, fees, etc.) | - $ | |
| = CAPITAL GAIN | = $ | 0 |
| CALCULATE CAPITAL GAIN TAX DUE | ||
| Recaptured Depreciation (25%) | $ | 0 |
| plus Applicable Federal Capital Gain Rate* (select 15% or 20% or 28%**) | tax % | |
| + $ | 0 | |
| plus Applicable §1411 Medicare Surtax*** (select 0 or 3.8%) | tax % | |
| + $ | 0 | |
| plus State Capital Gain Rate (enter your tax rate here) | tax % | |
| + $ | 0 | |
| = TOTAL TAXES DUE | = $ | 0 |
| 4. CALCULATE AFTER-TAX EQUITY | ||
| Sales Price | $ | 0 |
| minus costs of sale | - $ | 0 |
| minus loan balances | - $ | |
| = GROSS EQUITY | = $ | 0 |
| minus Capital Gain Taxes Due | - $ | 0 |
| = AFTER-TAX EQUITY | = $ | 0 |
| 5. ANALYZE REINVESTMENT – SALE | ||
| AFTER-TAX EQUITY x 4 | = $ | 0 |
| 6. ANALYZE REINVESTMENT – EXCHANGE | ||
| Capital Gain Taxes Due | $ | 0 |
| Gross Equity = Net Equity | $ | 0 |
| GROSS EQUITY x 4 | = $ | 0 |
Latitude Commercial is a full-service Commercial Real Estate brokerage and property management firm specializing in Northwest Indiana and the South Chicago Suburbs.
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